21
TIIE 3I0RXING OKEGOXIAX, FRIDAY, MAT 13, 1921
m
LIS
SEUIM6 READILY
Washington Product Moves
at Last Week's Prices.
OREGON MARKET IS QUIET
Steady Tone or Values Contrasts
With Weakness Earlier In Year.
, Ken Tariff May Help.
There hare been further rales of new
cl! Washington wools at the prices that
were paid last week. The buying was of
scattered clips and the aggregate was of
fair dimensions. No trading In the new
Oregon clip has been reported.
The tone of the market Is considered
quite steady, which contrasts with the
wcakne.-s that prevailed earlier In the
year. The passage of the emergency tariff
bill is gratifying to growers and dealers
alike. Whether or not it results in higher
prices of wool, it should at least have a
stabilizing effect on the market.
In commenting on the steady improve
ment in the Knglish wool market, a lead
ing London dealer writes:
"Sull there is no doubt that the real
etate of the Industry Is gradually be
coming healthier, and there exists an un
dercurrent of Influence making for Im
provement, which Is steadily gaining In
force and recognition, stocks of merino
and fine crossbred tops are extremely low
In Yorkshire. Gradual liquidation is go
ing on In every section of teetrade, and,
with the removal of old high-priced goods,
the way Is being cleared for replacement
on safer levels. Financial difficulties are
being readjusted arter the disorganization
and anxiety caused by the sudden drop
in values. The burden ot costs of pro
duction and freights Is gradually decreas
ing and there are signs of easier and
cheaper monetary conditions. The effect
of all these factors, is slow but cumulative,
the general trend being toward a sure
relief."
JSC! slum will Import about 60,000,000
pounds of wool during the year 1921, of
which 80 per cent will be fine wool, 15
per cent medium grade and 5 per cent
low grade, according to estimates sub
mitted by the American consul at Ant
werp, the wool market for Belgium. This
represents a decrease of 50 per cent In Im
ports compared with the pre-war figure.
The pre-war imports of raw wool were
about 120,000.000 pounds. A large pro
portion of this was re-exported after scour
ing and carbonizing and a smaller amount
was exported in the form of yarn and
manufactures of wool. During 1020 Bel
gium Imported about 00.000,000 pounds,
which was about T5 per cent of the pre
war figure.
The Belgian wool trade Is largely de
pendent on British orders for woolen yarns
and on the export of scoured and carbon
ized wools and wastes to Germany. Any
Improvement that may take place in the
general situation of those countries will,
therefore, exert a favorable Influence upon
the Belgian Import trade, Belgian wool
merchants, however, do not expect im
ports to exceed 60.000.000 pounds during
the period April 1, 1921, to March 81.
1022.
White club : 1.38
Hard winter 1.33
Northern spring 1-33
Red Walla 1.31
Oats
No. 2 white feed 30 00 30.00
No. 2 gray 30.00 30.00
Barley
Brewing 24.00 23.00
Standard feed 22.00 . 22.00
MiHrun 26.50 21.00
Corn-
No. 2 E. T. shipment 81. SO 31.00
No. 3 E. T. shipment 30.30 30.00
FLOUR Family patents. 18.60 per bar
rel; whole wheat (7; graham 96.80; bakers'
hard wheat, J8; bakers' bluestem patents,
$7.30; valley bakers'. $7; straights. $7.
M1LLFEED Prices f. o. b. mill: Mill
run, 320 per ton; rolled barley. $38640;
rolled oats. 140: scratch feed. 351 per ton.
CORN Whole, S8; cracked, 341 per ton.
HAT Buving nricea f. o. b. Fortland:
Alfalfa. I1S18.30 per ton: cheat. 122623
per ton: clover, J16; valley tlmotny, 1-4
625; eastern Oregon timothy. 326.
Dairy and Cennty Produce.
BUTTER Cubes, extras. 25c lb.; prints,
parchment wrapped in box .ots. 30c;
cartons. 31c. Butterfat. buying price: A
grade, 25c; B grade, 23c. Portland deliv
ery. EGGS Buying prices, case count, 174
18Hc delivered. Jobbing prices to retailers:
Candled ranch. 22c; selects. 24c
CHEESE Tillamook triplets, price to
Jobbers f. o. b. Tillamook, 19c; Toung
Americas. 20c pound.
POULTRY Hens, 1825c pound: ducks,
nominal; geese, nominal; turkeys, nom
inal. PORK Fancy, 13H 14c per pound.
VEAL Fancy. 13Cr3c per pound.
Fruits and Vegetables.
FRUITS Navel oranges, S.75.".73 pet
box; lemons, 3.7bQS; grapefruit, 139
9 per box4 bananas, 9t410c pound; ap
Dles. S1.25&3 box: strawberries, 13.25
3.50 per crate: cherries. 25c per dozen.
VEGETABLES Cabbage, 45c pound:
lettuce. 3.754 per crate: carrots, $1.50
per sack; garlic, 15020c per pound: beets,
$1.50 per sack; green peppers, 30(&)50c per
pound; rhubarb, 45c per pound; spinach,
7fl8c per pound; turnips, $1.503 per
sack: tomatoes, $4 60 per lug: cucumbers,
$1.7o3 per dozen: peas. 15&17c per
pound; asparagus, ?1.752 per dozen.
POTATOES Oregon. $1.2501.50 per 100
pounds; Yakima, $1,750.2: new California,
67Vfec per pound; sweat potatoes, $3.75
per crate.
ONIONS Oregon, 75c$1.25 per sack;
new crop, yellow Bermudas, $3. per crate;
do. white Bermudas, $2.50 per crate.
Ill MONEY" HATES FIRMER I
iFCNDS WITHDRAW TO MEET
GOVERXMEXT DEMAXDS.
SMALL CIIANGK IX GRAIN TRICES
Trading Is Quiet In This Section; Cray
Oats Higher.
There was a slightly easier feeling In
the wheat market yesterday, but not much
change in prtevs. Trading was light. Club
and hard white bids were down 1 cent
at the Merchants' Exchange, and the lower
grades were lfc2 cents higher. The coarse
grains were quiet. Gray oats were $1
higher and No. 2 corn was 50c $1 lower.
The Iowa state crop report said: "Cold
weather and wet soil retarded corn planting:-oats
improved somewhat during the
week, also- wheat and other small grain:
season Is now about normal; the beginning
was fully a month ahead."
Broomhall's Argentine cable said: "Al
though the strike situation at Argentine
porta la unchanged, the government is
more optimistic and expects to settle the
dispute amicably."
Terminal receipts, in cars, were reported
by the Merchants' Exchange as follows:
Portland Wheat.Bar.Flr.Oats.Hay.
Thursday 44 9 3 3
11 . . . B 2 2
16.SS2 248 DOS 531 2326
8,076 174 3757 4o4 2104
Year, ago
Season to date.
Year ago ...
Tacoma
Wednesday ...
Year ago ...
Season to date.
Year ago ...
Seattle
Wednesday ...
Year ago . . .
Season to date.
Year ago . . .
3 ...
4 . . .
51 !.V. 167
94 3085 176
21
11
4.412
6.762
5 ... 4 1 14
6 . . . 2 . . . I
4.432 212 454 435 1376
5.083 244 1109 643 1179
Cl'BE BUTTER MARKET 19 FIRM
Larger r&rt ot Surplus Is Being Stored;
Eggs Also Going In.
The butter market was very firm yes
terday at 25 cents. Several storage oper
ators bought on the market and there
were also shipping orders on hand. Prints
continued rather slow.
Eggs were steady with fair receipts. The
bulk of the buying was reported at 174
cents, but some shipments were also taken
at 18H cents. There was a moderate ship
ping business and the surplus was put into
storage.
Poultry was In small supply and prices
were firm. Dressed pork and veal were
very weak.
Wheat Shipments Are Heavy.
Wheat and flour shipments last, week
and in the same week last year were:
Wk ending Wk ending
May t, -1. May 8.
V. S. and Canada
Argentina
Australia
Others
Total
. .11.844.000
. . 2.321.000
. . 4.41.0l0
2U6.000
4.048.000
7.104.000
1.056.000
..18.917.000 1 2.208.000
Shipments for the season to date com
pare as follows:
Julvl.'20. last season.
Tntal since Same period
T. S. and Canada.
Argentina ..
Australia
Others
Total
377.027.000
71. 014. 0O0
60.05S.OuO
10.482.000
254.253.000
180.027.000
84. 604. 000
1.842.000
..520.081.000 530,716,000
Egg Reserve Supply Is Heavy.
Storage holdings of eggs In the United
Slates are now more than double those of
a year ago. The government's preliminary
report of holdings on May 1 of this and
last year makes the following comparison:
1021. cases 4.802.000
1920. cases 1 2.135.000
The bureau of markets corrects the
Seattle cold storage figures to read as
follows: Butter. 35.175 pounds; cheese,
56 895 pounds; eggs. 31,042 cases; poultry,
130.180 pounds.
Strawberries Are Steady.
California strawberries were steady at
$8.2563.50 a crate, and arrfvals cleaned
up fairly well. No Oregon berries were
received. California bulk cherries were
offered at 25 cents a pound.
Bank Clearings.
Bank clearings of the northwestern
cities yesterday were:
Clearings. Balances
Portland $5,133,108 $813,321
Seattle 5.206.718 854.583
Tacoma 729.935 78.949
Spokane 1.653.310 484,809
TORTLAXD MARKET tJlOTATIOXS
Grain. Flour and Feed.
Merchants' ' Exchange, noon session.
May. June.
Wheat s Bid -
Bard whits $ 138 $ 1.16
suit Willi u.J.l.....,.,.1- Lib
Staple Groceries.
Local jobbing quotations:
SUGAR (sack basis) Cane granulated,
7.65c tier Dound: beet 7.55c per pouna.
NUTS Walnuts. 30639c pound: Brazil
nuts. 30c: filberts. 12c: almonds, 24 a 30c
peanuts, 8llc per pound; cocoanuts, $1.75
ner dozen.
RICK Blue Rose, 6c per pound; Japan
tvle. 4c Mr nound.
BEANS small wnue. s"c; pina, ii
lima. 8c: red. 8c Der pound.
COFFEE Roasted, bulk, in drums, 14.
36c per pound.
SALT Granulated. bale. sa.iu.
half ground, ton, 50s, $19.75; 100s, $19.25
lumn rock. $26.50.
DRIED FRUITS Italian prunes, 6'ac
pound; dates. $4.2566.85 per box; figs, $2
65.2o per box.
Hides, Hops. Kete.
TALLOW No. 1. SH4c; NO.-2. 2Vi3c
ner Dound.
CASCARA BARK 1920 peel. 7c pound
1921 peel, 6c pound, delivered Portland.
HOPS 1020 crop, best, 20c per pound.
HIDES Salted country hides, c deliv
ered Portland; grubby hides, 3c; city calf
skins, 12c; country calf skins, 10c; good
kiD. 6c: grubby kip. 4c.
WOOL New clin. 10H12'c per pound.
MOHAIR New clip, 16t18c per pound.
Provisions.
HAMS All sizes, 30637c; 8klnned,"H
xc- nicnic. 17 19c: cottage roll. 30c.
BACON Fancy. 4853c; choice, 30
35c: standard, 2628c.
. LARD Pure, tierces, 17c pound; com
nnunri tierces. 12c.
DRY SALT Backs, 22J25c; plates, 18c.
Oils.
LINSEED OIL Raw, In barrels, 94c;
five-gallon cans, $1.09. Boiled, In barrel
96c: five-gallon cans, si. 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;
rein l.iAc: rases. 30B37C.
GASOLINE Tank wagons and iron bar
rels. 30c; cases, 4214c
SAN FRANCISCO PRODUCE MARKET
Prices Current en Vegetables, Fresb Fruit
Etc, at Bay City.
SAN FRANCISCO, May 12. Vegetables
Asparagus, 3&12c; new potatoes, zey
34c; sweets. Nancy Hall, $o$itf; onions,
Australian browns 40jooc; green, h.iuiijj
1.85: celerv. nominal; garlic. 6e8c; bell
DPDDera. 15'r25c: peas, 2ft4c; rhubarb, Al
ameda, $1.75&2.25; lettuce, $11.75 crate;
artichokes, nominal; spinach. 24c; siring
beans. 1015c: wax, 810c; Kentucky
Wonders. 12 13c: eggplant, nominal
Backed vegetables, nominal.
Poultry Hens, 23gp3lc: strictly young
roosters, 4550c; old, 12g?18c; fryers, 45
50c; broilers, 286 42c: squabs, 50 52c;
pigeons, $303.60 dozen; Belgian hares,
live, 23 25c .pound.
Fruit Oranges, navel. $2.755; Valen
cia. $33.75; lemons, $2.504; apples.
$1431.50; strawberries, 60ip)90c drawer,
$1.50(311.75 crate; raspberries $2,2542.50
crate; bananas, 1320c pound; avoca
does, $215 dozen: cherries, $1.502.25 fiat
box, 10Q'20c pound; apricots, $22.50
four-basket crate; - grapefruit. $2 it 3.75
box.
Receipts Flour. 140 quarters; wheat
2510 centals; barley, 11,632 centals; beans,
1120 sacks; corn, 500 centals; potatoes,
2223 sacks; hay, 80 tons; livestock, 432
head; bides, 531 bundlea.
QUOTATIONS ON DAIRY PRODUCE
Market Fiioas Ruling on Bntter, Cheese
and Eggs.
SAN FRANCISCO, May 12. Butter
Extras, 34c; prime firsts, 32sc; firsts,
31 Vic.
Eggs Fresh extras, 25 sc; extra firsts,
25c; firsts, nominal; dirties, 23c; extra
pullets. 21c; undersized, 18c.
Cheese Flats, fancy. -16c; firsts, nomi
nal; Young Americas,4 fancy, 17tac; firsts,
nominal.
CHICAGO. May 12. Butter unchanged.
Eggs lower; receipts, 20,317 cases; firsts,
21V22c; ordinary firsts, 18Uj194c; at
mark, cases included, 20j21c; standards,
22c
NEW YORK, May 15. Butter unset
tled; creamery, higher than extras, 34
34ljc; do, extras, 33c; do, firsts, 280
32MiC.
Kggs irregular; unchanged.
Cheese steady; unchanged.
SEATTLE, Wash., May 12. Wholesale
prices to dealers:
Eggs Select local ranch, white shells,
24& 26c do, mixed colors, 22 & 23c; pullets.
19 ft 20c.
. Butter City . creamery, cubes, 29c; do,
bricks or prints, 30c; country creamery,
extras, cost to jobbers, in cubes, 25o.
Cof fe .Futures Lower.
NEW YORK, May 12. The market for
coffee futures was lower today under
liquidation attributed largely to Wall
street longs, who were supposed to be sell
ing out contracts bought on an expecta
tion that an agreement on war reparations
would be followed by an advance. After
opening unchanged to 1 point higher, last
prices were the lowest ot tne day, snowing
net losses of 13 to 18 points. May. 5.54c;
July, 5.S3c; September, 6.21c; October,
6.37c: December, 6.70c; January, 6.79c;
March, 6.98c.
Spot coffee quiet and nominally un
changed at 6c for Rio 7s and 640 to flc
for Santos 4s.
Metal Market.
NEW YORK. May 12. Copper, firm
Electrolytic, spot an4 nearby, 13c; futures,
13&13c
Tin. firm. Spat and nearby, 33.25c; fu
tures, 83.00c.
-. Iron, nominally unchanged.
Lead, firm; spot, 5.00c
Zinc, steady. East St. Louis delivery,
spot, 4. 90 6 4. 95c.
Antimony, . spot. 3.25a.
" Naval Store.
. SAVANNAH. Ga, May 12. Turpentine
steady, 60c; sales, 100; receipts, 483; ship
ments. 70; stock, 6513.
Rosin firm; sales, 782: receipts. H167;
shipments, 20; stock, 75453. Quote: B.
13.50: D. f4$'4.10; E. $4.25G4.30; F, U.
$4.304.40; H. $4.S5i4 45; I, $4.5094.55.
K $4.80?5: M, $5.3065.50: N. $5.90jj6,
WG, $0.406.5o; WW, tfo7.
Dried Fruit at New York.
NEW YORK, May 12. Evaporated ap
ples, nominal: prunes, exporters buying;
peaches steady. -
n-ulnth Linseed Market.
DULUTH, May 12. Linseed on track
and to arrive. ' $1.77.
Sterling; Exchange Again Touches
$1 Mark; Stock List rnder Pres
sure; Liberty Bonds Gain.
NEW YORK, May 12. The stock mar
ket today experienced its fourth setback
this week, further liquidation and pro
fessional selling In fairly large volume
being accompanied by decidedly firmer
money tendencies.
Heavv withdrawals of funds from local
institutions to meet demands of the fed
eral government doubtless occasioned tne
higher rate for call money, which opened
at 7 per cent and remained there. Time
monev was unchanged.
Foreign exchange made further substan
tial response to the German reparations
settlement. Demand bills on ionaon
touched $4, their best quotation since
April of last year, and equal or greater
atrength was shown by all otner remit
tances. German marks shared in the rise
and an advance of 4i of a cent waa shown
in the Greek rate.
Industrial shares comprising the steel,
equipment and motor groups registered
extreme declines of one to three points.
Some rails were under pressure. Repre
sentative oils were less resilient than at
any recent period. Tobaccos and several
utilities, especially gas stocks, featured
the few stable issues. Sales were 850,000
'shares.
International bonds held firm on the
better tone of the exchange market, bul
domestic Issues were Irregular, although
liberty bonds showed net gains for the
most part. Total sales, parValue, $10,375,
000. CLOSING STOCK QUOTATIONS.
fFurnished by Overbeck Cooke com
pany, Portland.;
Advance Rum.
Adv. Rum. Pfd
Agr. Chem. . . .
Agr. Chem. pfd,
Ajax Rubber. .
Alaska Gold..
Alaska Juneau
Allis-Chalmers.
Am. B-et Sug.
Am. Bosch. ...
Am. Can Co. . .
A. Can Co. pfd.
Am. Car & Fd.
A. C. & Fdy pf .
Am. Cot. Oil. .
A. C. Oil pfd.
Am. Drug Syn. .
Allied Chem. . .
Am Hd & Lea
do pfd
Am Ice
Am IntI Corp.
Am Linseed.. .
Am Loco
do pfd
Am Saf Razor
Am Shp & Cm
Am Smelter..
do pfd
Am Steel Fdy.
Am Sugar. . . .
do pfd
Am Sumatra. .
Am Tel & Tel.
Am Tobacco..
Am Tob "B". .
Am Wool
. do pfd
Am W P pfd..
Am Zinc ,
Anaconda ....
Assd Oil
Atchison
do pfd
Atl Glf & W I
Baldwin Loco.
do pfd
Bait & Ohio..
do pfd. .....
BeUi Steel B"
B R T
Butte C Z..
Butte & Sup. .
Caddo Oil
Calif Packing.
Calif Pet
do pfd
Canadian Pac.
Crn Leather..
Cerro De Pasco
Chandler Mot
Chgo & N W . .
Chgo Gt W... -do
pfd
Chill Cop
Chino
C M St P
do pfd
Coca Cola
C O
Colo F & I. ...
Colo Southern.
Col Gas & Elcc
Colum Graph.
Con Gas
Cons Cigars....
do pfd
Contl Can....
Contl Candy..
Corn Prod....
do pfd.......
Cosden Oil....
C R I & F. . ..
do "A pfd.
do "B" pfd...
Crucible ....
Cuba Cane
do pfd
Cuban Am sug
Del & Hudson
Dome Mines,.
D R G
do pfd
Endicott John
Erie
do 1st pfd..
do 2d pfd . . .
Famous Plyers
'ed At & smlt. ,
do pfd
Flsk Tire
Gaston Wms...
Gen Cigars .
Gen Elec...
Gen Motor. .
do 6
Goodyear . . .
Gen Asphalt
Goodrich ...
Granby .....
Gt Nor Ore.,
do pfd. . ..
.) 1
Sales. High. Low.
300 17 17V4
2U0 49-4 40
400 47 i 47
""206 33 '4 32 !4
600 i H
IOO 14 14
3O0 S(S 36
400 . 311 '4 88 V4
600 51 Vs 49
2,600 30 A 29
100
700 12614 125
"Vo'o '2614 'ioii
200 5014 50 4
2,100
500
1,500
' V.SOO
2.OO0
1,000
' 7.800
1.600
2,700
500
1O0
1,800
' V.00
6.:io0
1.8(10
700
1,700
'406
' 8,600
'"366
100
8.400
1,300
Vl',200
300
8,300
"406
500
"906
4,400
100
2,1810
2.50O
3.800
1,400
600
600
300
2.700
1.400
5.9O0
4.2O0
1.400
1.8110
100
2O0
600
5,000
8,200
44 '4
11
52'
'56"
35
8714
"6
11
42 74
80 14
44i4
1114
01
"4814
35
86
"s'-i
10
42
80
91 90
63
106
123 7.
12214
77 Vi
'34
'42
'si"
'ii'i
89
'46
61
61
"5
1414
IS
50
48
77
11514
30
29
7114
66
8-4
19
3214
2614
28
43
29
63
37'"
61
74
90
61 14
105
121
121
75
'3314
'41
"ii
"40
87
'38
50
60
"5
34
17
59
4I4
77
11414
38
29
60 44
64
8
10
12
25
27
42
29
62.
"37"
58
7
8
200
1.300
2,700
" '8.800
0,500
200
'.'lV.ino
4UO
966
300
500
20O
200
6.900
5,00
1.100
3 00
2,100
"'300
900
' "l".300
300
11,400
44,500
1,100
600
200 ,
900
Greene Cananea. . . .
300
1.400
1,500
100
2,3 00
400
300
300
""noo
2,700
""isno
900
2,500
.8,200
' i'.soo
600
3.200
"'906
3.700
2.000
3.200
1,700
' 400
1,100
100
300
100
43,100
700
300
2,000
6,100
200
Cotton Market.
NEW YORK. May 12. Spot Cotton.
1.36 uict; middling, 12.85a. .
Gulf S Steel
Hupp Motor. .
Houston Oil..
Us Cent
Inspiration . .
Int Ag Cor Co
do pfd
Interboro ....
do pfd
Int Callahan. .
Int Harv
do pfd
Int Merc Mar
do pfd
Int Nickel....
Int Paper
do pfd
Invincible Oil
Island Oil
K C Southern
do pfd
Kelly-Spgfld..
Kennecott . . .
Keystone Tira
Lack Steel...
do pfd.....
Lee Tire
Lehigh Valley
Lonuard ....
Maxwell Mot.
do 1st pfd..
Mex Pet
Miami
Mid Stat Oil.
Midvale Steel.
M K & T
Mont Power....
Mo Pac
Mont Ward . . .
M St P & 8 S M.
Nat Enamel..
Nat Lead
Nevada Con..
New Haven..
Norfolk W.
Nor Pacific
Nov Scot Steel.
Y Air Brke
Y Central. .
Ok la Prod ref
Ontario Silver. .
Ontario & W. 300
Otis Steel.... 2O0
Pacific Oil.. . 24,300
Pac Gas & El 700
Pan Amn Pet. 15,600
do "B"....
Penna
Peo Gas
Pere Marq. . . .
Philadelp Co.
Pure Oil .
Pierce Arrow.
Pierce Oil....
Pitts Coal....
Pitts & W Va
do pfd
Pr Stl Car....
Pullma n.....
Ray Cons
Reading .
Remington
Renloale Steel
ReDub I & S. 10.700
do pfd 200
Rep Motors... . 100
Roy Dutch Oil
Ry Steel Spg
s o lna
Sears Roebuck
Shattuck Aria
Shell TAT..
Sinclair
Sloss Shef. ...
Sou Pacific...
Sou Ry
do -pfd . . . . .
RtLtsr...
Stromberg Car 1.000
Studebaker . . 67.700
Swift & Co
Tenn Cop ft Ch 700
Texas Oil.... 4.000
Texas Pac... $,700
50
1"4
73
'3714
32
76
'7814
19
'24'
102
20
1
65 '4
34
21
'7S"
'27
16
"60"
137
13
"72
38 .
24
30
71
42"
' 82
90
37
95
'35
55
36
66
io'ii
.
"is"
22
3514
49
41
27
64
"0
isi'i
23
34
28 '4
2
23'
21
50
Jli
73
"35
31 14
76
'76'
19
"24"
101
20
1
64
.)
20
27
16
'59"
137
12
69
37
24
30"
70
42"
"81
90
36
5
92
"14
54
3 5
62
'isii
4
26
43'4
21
33
48
40
2
53
6,800 69
400
6.2O0
1.3O0
2,200
"SOO
2.700
200
800
4.100
8.300
1,6110
sno
200
1,600
700
700
400
400
900
700
20.200
700
1.4O0
2.800
600
800
8.200
300
1S.OOO
8,800
700
400
32
39
97
74
"74"
71 '4
34
"39
34
40
53
70
63
35
51
21
-82
34
32
10
61
8.8
103
14
75
37
28
60
90
38
li
83
7
47
27
41
77
22
56
23
38
79
"
4n
24
147
23
33
28
2
20
21
'5814
"i2
38
96
73
"72
3
"in'
33
39
52
67
61
35
49
20
32
34
30
10
61
88
102
14
Tits
36
27
68
90
18
4 14
81
6
40
27
4t
75
21
52
2.1
30
76
"9
40
23
Closing
Bid.
17
48
46
72
32
1
36
38
60
30
83
125
107
20
50
6
44
11
51
60
48
35
87
104
6
10
32
79
30
91
101
62
105
J -"J
120
76
VI
34
41 'i
100
81
76
40
88
39
50
60
11
5
14
17
59
47
77
114
38
29
7114
64
814
30
32
26
27
42
29
62
30
36
59
7
88
40
67
50
1
73
103
-
31
76
65
78
3
61
24 .
101
20
1
63
33
20
J4
77
7 14
27
16
- 1
60 1
136
12
67
11
70
38
24
30
70
, 23
41
33
81
89
3
9
46
4
12
5
93
102
33
54
13'
65
94
18
4
26
51 .
44
21
15
44
40 U
26
53
154
5
7
149
23
14
28
2
53
21
21
70
58
77
12
18
96
73
34
70
71
8
5
18
1.1
39
52
68
, 61
35
60
20 It
82
34
81
10
61
28
73
88
102
!?
72
27
59
90
18
64
80
76
81
6
46
27
41
76
21
61
77
99
40
241
Tex Pc C ft O 2.700 29 28 28
Tob Prod 15.700 56 52 55
f Tran Contl Oil 8.400 1 2 - 11 1
1 Union Oil Del 18,200 24 2214 24
Union Pac 320, 119 119
United AlloY. 100 30 30 30
United Drug 95
Unit Fd Prod. - 1.400 22 21 21
United Fruit. l"0 110 109 109
Un Rds of N J 100 10 10 10
Unit Dds pfd 22
Unit Ret Strs 27.700 60 58 60
U 8 lnd Alco 3.100 60 67 68
V S Rub 2700 74 . 72 - 73
do 1st pfd 303
TJ S Smelting. 100 33 33 S3
U S Steel 13.400 83 83 83
V S Steel pfd 4"0 109 HlS 108
Utah Copper... 2,600 56 55 55
Vi Chem..-.-..' 600 28 28 28
Vanadium Stl 4.400 34 33 34
Vivandou .... 1.900 8 8' 8
Wabash 4O0 8 8 8
do "A" pfd. 1,500 23 22 22
do "B" pfd . 35
Wells Fargo.. 500 65 t 62 62
Western Pac. 600 29 28 28
do pfd 67
Western Union 100 90 90 89
Westinghs A B 91
Wesths E ft M 700 48 48 48
West Md 300 10 10 10
White Motors. 500 40 39 40
Willys-Overld. 2,600 8 8 8,
do pfd 100 36 36 36
Wilson Packg 100 fa
Wise Central ; 34
Woolworth ..' 113
Wortg Pump. 500 51 50 50
W & It E. ... 800 10 9 10
IS
WHEAT HAS DOWNWARD SWLXG
IX CHICAGO MABIifJT.
BONDS.
V S 2s reg 99N Y C deb 6s.. 89
do coupon
U S 4s reg.
do coupon
Pan 3s reg.
do coupon ...'ilvS P cv os.....
A T & T cv 6s. 98So Ry 5s ;
Atch gen 4s 77 U P 4s ,
D ft R G con 4s 65!U S Steel 5s..
99 N P 4s
104 IN P 3s
104iPac T ft T 5s.
.77'Pa con 4s..
75
55
84
86
110
83
80
95
Bid.
Liberty Bond Quotations. - -Range
of liberty bond quotations, fur
nished by Overbeck - ft Cooke company,
Portland:
High. Low. Close.
Liberty. 3s .' 88.82 . 88.60 88.00
do, 1st 4s 87.62
do, 2d 4s 87.40 87.26 87.30
do, 1st 4s 87.80 87.70 87.72
do, 2d4s 87.46 87.28 87.38
do, 3d 4 s 90.72 90.62 90.66
do, 4th 4s 87.524 87.34 87.46
Victory, 4s 97.84 97.74 97.70
do, 3s 97.80 97.70 87.76
Mining Stocks at Boston.
BOSTON, May 12. Closing quotations:
21 I.North Butte
. 801d Dom
. 51 lOsceola
.253Quincy
. 8 Superior
. 35 Sup ft Boston.
9
2
21
2
62
Shannon
Utah Con
Winona . .
Wolverine
30
30
41
3
1
IK)
4
45
1114
Allouez
Ariz Com . . . .
Calu ft Ariz..
Calu & Hecla.
Centennial . . .
Copper Range
East Butte ..
Franklin
Isle Royalle . .
Lake Copper. .
Mohawk .....
Swift ft Co. Stocks.
rioalne nrices for Swift & Co. stocks at
Chicago were reported by the Overbeck ft
Cooke company of portlana as iouowb.
Swift ft Co
Libby, McNeill ft Llbby
National Leather I
Swift International .' 27
Money, Silver, Etc,
NEW YORK. May 12. Prim mercan
tile paper, 8 7 per cent.
Time loans steady: 60 days, 90 days and
0 months, 6 per cent.
Call money firmer; high, low, ruling
rate, offered at and last loan, 7 per cent;
closing bid, 6 per cent.
Bar silver Domestic, 9c per ounce;
foreign, 60c.
Mexican dollars, 46 c-
LONDON, May 12. Bar silver. 84d
per ounce. '
Money. 4 per cent
Discount rate Short bills, 4 per cent
STEADY CAE IN RESERVE BATIO
Increase of Six-tenths Per Cent in Week
Reported by Federal Board,
WASHINGTON, D. C, May 12. Com
bined resources and liabilities of the 12
fedora! reserve banks at the close of busi
ness May 11 were reported tonight by the
federal reserve board as follows:
Resources
Gold and gold certificates $ 377.610,000
Gold settlement fund, federal
reserve board ............. 450,584,000
Total gold held by banks.. $ 828.194,000
Gold with .federal reserve
agents 1.374.138,000
Gold redemption fund 161,221.000
Total gold reserves $2,303,553,000
Legal tender notes, silver, etc.- 174,220,000
Total reserves $2,537,773,000
Bills discounted, secured by
U. S. government obliga
tions 91T.607.000
All other 1,117.660.000
Bills bought in open market. . 76.637,000
Total bills on hand....
U. S. government bonds.
u. o. victory notes
U. S. certificates of indebted
ness, one-year certificates
(Pittman act)
All other
Total earning assets.
Bank premises
Five per cent redemption fund
against federal reserve Dank
notes
Uncollected items
All other resources
.$2,111,904,000
25,685.000
ll.UUU
237.875,000
3.538.000
Passage of Tariff Bill Haa Only
Temporary Effect British La
bor Troubles Attract Xotioe.
CHICAGO, May 12. Wheat prices showed
a downward tendency today, owing largely
to the fact that crop reports appeared
less unfavorable than has been the rule of
late. The market closed nervous, to
lc net lower, with May $1.43 to $1.48
and July $1.1 to $1.16. Corn lost
to c, oats to c and provisions 6
to 20 cents. .
Besides having an advantage as to crop
advices, the bears in wheat were able to
put stress on higher rates for money and
heaviness in the stock market, as well as
upon slowness of export demand and upon
talk that Argentine, shipping troubles
would soon be settled. Passage of the
emergency tariff bill in the senate gave
values a little support early, but the effect
of the senate action seemed mostly to have
been discounted in advance. Indications of
frost tonight were also without much In
fluence in favor of the hulls On the
otner nand, reports of strained industrial
conaitions in ureat Britain attracted some
unfavorable notice, domestic rural offer.
ings were small and lack of outside spec-
uian.e interest was a subject of comment
Cora and Oats veni eaeler with what
although steadied more or less by a fairly
uomeauc snipping call for corn and
" igns or a falling. off in receipts.
r-roviions reflected the weakness of
orapue nigner quotations on hogs
.. .u.autuuiug gossip or, a netter ex
port demand. ...
The Chicago market letter received yea
Vily., y he Overoeck ft Cooke company
.1. J1 I" r "howlnff strength early In
tne day, based, on passage of the emergency
tariff bill by the senate; the market dis
played inherent weakness and responded
it, uennsn news, crop reports were de-
more xavorsble. beneficial rains
oaving raiien in, sections of the southwest
Where needed. A leading northwestern
authority said spring wheat seeding this
year is about three weeks ahead of nor
inal and the crop In fine shape. The cash
markets generally had a weak tone, with
premiums in Chicago further reduced. Ex
port buying waa conspicuous by its ab
sence and milling interests were reported
as buying only on a hand to mouth basis.
A disturbing element was the tone of for
eign cables regarding the British strike
situation, which now appeara likely to
spread Into a general strike if today's news
should prove true. Broomhall's cable in
timated that the United Kingdom has
enough wheat on the way to satisfy re
quirements for some- time and reported
Bulgaria preparing to offer quantities of
grain to importing countries of Europe.
The outlook appears to have changed and
is now suggestive of lower prices.
Corn The feeling in this market was
more mixed and many traders showed reluctance-
to .follow tbe advance with fur
ther purchases on account of the con
tinued selling by cash interests, apparently
in the nature of purchasea of cash grain
in the country. Offerings to arrive, how
ever, were reported as only moderate. Spot
prices were a shade lower,, although the
trading basis was firm. The -export de
mand, which has been, so conspicuous for
the past two weeks, was not in evidence
today and the tendency of the trade is to
await developments in this connection.
Oats Pessimistic crop reports continue
to come forward, which tended to restrict
selling and in consequence prices held
relatively better than other gVains. Buy
ing on the declines was mainly by cash in
terests. Shipping sales reported were 175,
000. all domestic.
Rye Selling of July rye against pur
chases of July wheat was the outstanding
feature in this market. Cash rye was
steady, with No. 2 on track selling at May
price against 1 cent premium yesterday.
Exporters bid 30 cents over July for No.
2 c. I. f. Buffalo, but' no' Bales were re
ported. Leading futures ranged as follows:
WHEAT.
Open. High. Low. Close,
May... $ 1.43 $ 1.45 $ 1.42 $ 1.4S
July.., 1.16 ,1.17 1.1414
Lumber company of Chehalis to make '
two more houses. The house was
shipped some four months ago and
cost complete about $6000, tbe build- j
lngr being; for Dr. Nagai a own use.
The new houses ordered will cost
complete f. o. b. Chehalis 17500 each.
which would indicate that someone
in Japan proposes to indulge in the
luxury of beautiful homes, the fur
nishings and finishing to go with the
new buildings being of the very
finest.
ALL LINES ARE STEAD
THREE LOADS OP HOGS LX
FROM SOUTH DAKOTA.
Prime Lambs Listed at $8 as Keg.
( nlar Top JRun for Day
Is Fair.
The livestock market was fairly active
yesterday with a run or 14 loans, rn
on the whole were steady. Three loads of
hogs arrived from South Dakota direct to
a packer. As there were no strictly fancy
lambs available, the regular top on prime
tck was set at $8.
Receipts were 15 cattle. Z Calves, oeo
hogs and 1341 sheep.
The day's sales were as follows:
wr Price.: Wgt. Price.
105O $6.75110 Iambs. 60 8.00
5.251 8 lambs.
4 50110 Iambs.
5.511 12 lambs.
3 001 1 lamb..
6.50120 lambs.
7.501 9 lambs.
5.75151 lambs.
7.10! 11 lambs.
2.50130 lambs.
6.50 46 lambs.
4 251 4 lambs.
5.501 8 lambs.
8.101 6 lambs.
6.75J 1 ewe...
6.001 1 ewe. .,
6.25t 1 ewe. . .
fi.OOl 4 ewes. .
4.25120 yrlgB..
2.50 260 yrlgs.
7.50110 wethra
9.001 2 wethra
10.001 9 wethrs
4 00122 wethrs
5.751 9 wethrs
B.70I 6 wethrs
5 50'13 wethra
10.00114 wethrs
8.751 2 wethrs
9.7565 wethrs
9.751 1 buck..
9.75151 bucks.
9.751 1 steer..
9.751 8 steers.
9.751 8 steers.
9.751 1 calf...
9.751 lcalf...
1 calf..
1 cow..
1 cow. .
2 cows..
1 cow..
2 cowa.
1 cow. .
1 cow. .
1 cow. .
1 cow..
1 cow. .
1 cow. .
1 cow...
1 cow.' .
5 cowa.
1 cow. .
1 cow. .
1 cow. .
1 cow. .
1030
955
1260
905
1110
8!0
1110
S!0
8.-.0
1010
1300
960
972
700
9S0
1140
870
2 cowa. 1045
1 cow
1 calf..
1 calf.-.
1 calf..
1 bull..
1 bull..
1 bull..
1 bull..
8 hoga.
1 hog..
2 hogs. .
1 hog . .
1 hog. .
2 hoga.
3 hoga.
3 hoga.
4 hogs..
2 hoga.
11 hogs..
5 hoga.
2 hoga.
2 hoga.
3 hoga.
2 hoga.
1 hog . .
1 hog..
10 hoga.
3 hoga.
5 hoga.
1 hog..
4 hoga .
2 hogs..
5 hoga.
3 hoga.
3 hoga .
47 hoga.
8 hogs..
2 hogs. .
4 hoga.
6 hogs..
6 hoga .
4 hoga.
1 hog..
1 hog..
1 hog..
26 lambs
26 lambs
13 lambs
01 lambs
10 lambs
56 lambs
20 lambs
12 lambs
5 lambs
910
110
110
180
640
1980
1380
1290
1116
250
175
200
200
230
183
163
177
160
143
108
170
145
136
1115
150
110
9.75I
3 calvea
1 cow...
1 cow. . .
1 cow. ..
1 cow...
1 cow. ..
1 cow
9.751
9.7."
9 751
9.501
13" 9.751 1 cow.
146 10.001 1 bull.
9.25 1 bull
9.751 7 mixed.
9.75110 hogs
248
100
100
405
214
206
130
398
397
290
202
158
380
25T
250
480
590
59
56
56
58
58
59
58
60
70
7.25
9 751 5 hogs.
9.75
9 75
9.75
9.75!
9.751
9.75
9 75
9.75
9 251
9.75
6 hogs.
2 hogs.
8 hogs.
4 hogs.
6 hoga.
2 hogs.
5 hogs.
3 hogs.
12 hogs.
1 hoc..
1 hog. .
7 001 2 hogs.
5 00
82
56
65
80
5S
67
67
70
66
60
65
77
61
110
120
120
147
116
94
158
120
53
67
80
81
95
100
85
113
3 50
' 150
630
410
566
150
810
120
880
8S0
1070
690
1070
630
830
B50
1110
. 1100
415
132
110
112
160
230
230
286
385
250
203
199
870
890
340
280
190
363
550
240
112
75
70
140
175
8.00
6.50
7.75
8.00
6.00
6 00
5.50
8.00
8 00
6.60
8.00
8.00
6.50
8.00
8 00
8.00
2 50
4.75
5.40
4.00
4.00
3.60
3.50
5 00
9 00
5.00
5.00
4.00
4.50
2 50
2.50
6 00
4.50
5.50
30 60
10 50
9.50
6 00
8 50
8.60
6 00
6 25
6 01
5.00
8.50
4.00
4 00
6 00
a.
9.
9.75
9.75
9 73
9 25
8.75
7.73
9.25
9.75
9.75
8.75
4.50
8.75
9.25
9.75
7.00
6 00
9.25
7.25
6.50
4.00
8.50
2.00
July..
Sept..
July...
Sept. . .
May...
July...
July. . .
Sept. . .
.6.1
.65
.39
.40
1.171
CORN.
.63
.65
OATS.
.40
.41
.62T4
.65
.89
.40
MESS PORK.
16.93
17.25
10.00
10.32
17.25
BARD.
10.00
10.32
9.80
10.12
1.15
.63
.65
.39
.40
16.95
17.20
9.80
10.12
$2,379,135,000
Zd,UUl,UUV
11,374,000
632,706,000
11,886.000
Total resources
Liabilities
Capital paid in
surulus
Reserved for government fran
chise tax
Deposits, government
Member banks, reserve ac
count All other
..$5,495,951,000
.8 102,038.000
32.528,000
13.799.000
1,687,954,000
81.660,000
Total deposits $1,733,413,000
Federal reserve notes in ac
tual circulation 2,804,933.000
Federal reserve bank notes in
circulation, net liability .... 149,894,000
Deferred availability items... 441.981.000
All other liabilities 29.133.000
Total liabilities $5,495,931,000
Ratio of total reserves to deposit and
federal reserve note liabilities combined,
55.9 per cent.
Ratio of gold reserves to federal reserve
notes in circulation after setting aside 35
per cent against deposit liabilities, 68.8
per cent,
Foreign Exchange.
Foreign exchange rates at close of busi
ness yesterday, furnished by Northwestern
Nattonal bank- of Portland. The amount
quoted Is the equivalent of the foreign
unit in united States funds
Country, unit
Austria, kronen
Belgium, francs
Bulgaria, leva
Czecho-Slovakla, kronen .....
Denmark, kroner
England, pound sterling
Finland, finmark
Franca, francs
Germany, marks
Greece, drachmas ........v.
Holland, guilders
Hungary, kronen
Italy, lire
Jugo-Slavia, kronen
Norway, kroner
Portugal, escudos ..a....,........
Roumania. lei
Serbia, dinara
Spain, pesetas
Sweden, kroner
Switzerland, francs
China Hongkong, local currency..
Shanghai, taels
Japan, yen -.
Rate.
..$0,003
.. .0863
.. .0135
.0163
.. .1832
., 4.02
. . .0233
.. .0865
.0195
v. .063
.. .359
. . ; .0058
. . .057
. . .0078
.. .1677
. . .0985
.. .0105
. . .0305
.. .1367
. .. .238
.1805
.613
.68
.4875
9.90
10.17
6162c; No.
89 8 10c; No.
NEW YORK, May 12. Exchange strong.
Sterling, demand, $3.99; do, cables, $3.99;
francs, uemana, B.4lc; do, cables, -8.43c;
Belgian francs, demand, 8.41c; do, cables,
8.43c; guilders, demand, 35.68c;do, cables,
35.78c; lire, demand, a. 44c; do, cables,
5.40c: marks, demand, 1.69c: do. cables.
1.70c; Greece, demand, 5.80c; Sweden, de
mand. 2.365c; Norway, demand, 16.35c;
Argentine, demand, 31.50c; Brazilian, de
mand. 13.62c; Montreal, 1011-16 per cent
discount-
Foreign Bonds.
Foreign bond quotations furnished by the
Overbeck ft Cooke company of Portland :
Bid. Ask.
Russian 5s, 1921
do 5 Us, 1926 ...
do 6s, 1919 ...
French 5s, 1931 ...
do 4s, 191T
do 6a 1920
Italian 5s, 1918 ...
British 5s. 3922 ...
do 5s. 1927
do 5a 1929
do vky 4s
, do ref 4s
Belgium rest 5s ..
do prem 5s .....
German W L 5a . .
Berlin 4s
Hamburg. 4s
do 4s
Leipsig 4s
do 5s
Munich 4s
do 5s
Frankfort 4s
Jap 4s
do 1st 4s
do 2d 4 ,
Paris sixes ........
U K 5s, 1921
do 5s, 1922
do 5s, 39J
do ils". W37 ....
14
.. 7
.. 16
.. 67
.. 53
... 74
.. 41
..396
..389
..390
..312
..279
. . 71
.. 73
.. 12
.. 13
., 14
.. 14
.. 13
.. 15
.. 14
.. 16
... 13
.. 67.
.. 84
..84,
.. 98
..99
.. 97
.. 91
.. 86
16
9
18
68
54
75
42
408
401 '
402'
824
281 .
73
76
13
14
13
15
15
17
15
18
17
67
84
84
98
99
97
91
la
SHORT RIBS.
July.., 9.90 ' .,
Sept... 10.21 lu.z; iv.lt
Cash prices were:
Wheat No. 2 red. $1.4781.47 ; No.
hard, $1.52 1.53.
Corn No. 2 mixed,
yellow, 6162c.
Oats No. 2 white.
. white, 3'JC . r
Rye No. 2, $1.39.
Barley 63 73c.
Timothy seed $4.506.
Clover seed $131S.
Pork Nominal.
Lard $9.50.
Ribs $9.25 1025.
Seattle Grain Market.
SEATTLE, May 12. Wheat Hard white
and soft white, $1.38: white club, $1.37;
hard red winter, soft red winter, northern
spring and eastern red Walla, $1.32; big
bend bluestem, $1.40.
City delivery:. Feed Scratch feed, $50
per ton; baby scratch feed, $67; feed
wheat, $54; all grain chop, $42; oats, $39;
rolled oats, $41; sprout oats, $44; whole
barlev. 539: rolled buriey. 41: clipped oar-
ley, $46; milled feed, 30; bran, $30; whole
corn. 540: cracked corn. S4Z.
Hay Alfalfa, $24 ton; double com
pressed alfalfa, $31; ditto timothy, $35;
eastern Washington mixed, $30; straw,. $24.
Primary Beceipta,
CHICAGO. May 12. Primary receipt
Wheat, 802.000 bushels against 762,000
bushela . Corn, 695,000 bushels against
280,000 bushels. Oats, 294,000 bushels
against 318.000 bushels.
Shipments Wheat, 710.000 bushels
against 1,104,000 bushels. Corn, 436,000
bushels against 237,000 bushela Oats,
881,000 bushels against 288,000 bushels.
Clearances Wheat. 718.000 busheli
against 189,000 bushela Corn, 212,000
bushels. Flour, 37,000 barrela
Grain at btn Francisco.
SAN FRANCISCO, May 12. Grain
Wheat Feed. J 1.90 4? 2; milling, $22.10;
corn, white Egystian. $2.202.25; red milo,
tl.75Sll.85; barley feed, $1.20GU.27: ship
ping. $1.301.55; oats, red feed, $1.46
6.1.60.
British Grain Market.
LONDON, May 12. Wheat cargoes dull,
tending easier Com buyers cautious due
to fluctuations in exchange rates. Liver
pool wheat, sellers, 13s 7d. This is. nor
mally higher tbiinprevious close.
Minneapolis Grain Market,
MINNEAPOLIS, May 12. Barley. 48 0
62c. Flax, No. 1. $1.78l.SO. Wheat. May,
$1.33; July, $L2L
Winnipeg; Grain Market.
WINNIPEG. May 12. Wheat, May, $1.73:
July. $1.44. .
New fork Sugar Market.
NEW YORK, May 12. Raw sugar. 4.89c
for centrifugal. Refined sugar, 6.30c to
6.60c for-fine granulated. ;
VETERANS' HEAD' ON TOUR
Captain "Woodslde Enlisting Aid for
Disabled Soldiers.
SEATTLE, Wash., May 12. Captain
Robert G. Woodside, commander-in-chief
of the Veterans of Foreign
Wars, arrived yesterday and Is the
guest of local veterans' organizations.
He will pass two days here In the
effort to stimulate public interest in
the cause of disabled soldiers.
One purpose of bis tour. Captain
Woodside said, is to organize state
departments of the Veterans of For
eign Wars in western states.
JAPANESE ORDER HOUSES
Lumber Company at Cbebalis Ex
ports 'Ready-Cut Material.
CHEHALIS. Wash., May 12. (Spe
cial.) Following his receipt of . a
ready-cut house at his borne in Tokio,
Japan, Dr. Nasjayoski Kagai was so
pleased with the work that he has
8.503 6.60
8.5010 6.50
10.00 10.50
9.60 110.50
6.60 9.50
4.00 6.00
6.251) 6.75
6.750 6.25
9.25 9.75
7.50 S.50
6.50(9 7.50
6.00 j 7.50
4.00 la 7.50
8.00 9.75
8.50 9.30
3 hogs. .
5.00:13 hogs. .
6.251 3 hogs..
6.25! 1 hog. ..
6 25! 1 hog. .
6 501200 lambs
8.00125 yrlga.
6.501 6 yrlgs..
8 001 1 wether
8.001 4 bucks.
Prices on the various classes of livestock
at thm Vurrin follow:
Choice steers 8 00 8.75
Medium to good steers.., , 7.25 8.00
Fair to medium steers 6.501W 7.2o
Common to good steers 6.50 6.50
Choice cows and heifers ''25 2 I ' '
Medium to good cows, heifers o. i5w 6.25
Fair to medium cows, heifers 6.254 6.75
Common to fair cows, sellers., o.-iow p
Canners -
Bulls
Choice dairy calves
Prime light calves
Medium light calves
Heavy calvea
Best feeders ..
Fair to good feeders
Hogs
Prime light
Smooth heavy. 250 to 300 lbs. .
Smooth heavy, 300 lbs. and up
Rough heavy
Stags
Fat pigs
Feeder pigs
Sheen
Prime lambs 7 60 8.00
Fair td good 6.50 7.60
Cull lambs 6.00 6.00
Feeder lambs 8.00 6.00
Light yearlings 5.00 00
Heavy yearlings 4.50 6.00
Light wethers 4 50 6.00
Heavy wethers 8.30 4.50
Ewes .-. 1.00 4.23
Chicago Livestock Market. y
CHICAGO. May 12. (United States Bu
reau of Markets.) Cattle Receipts 9000.
Beef steers, butcher she stock, stockers,
feeders steady; top yearlings $9.60, bulk
beef steers, $89; fat cows and heifers,
large)y $6.25 7. 50: bulls, 25 to 85 cents
lower, bulk $5.50&6.26: calves slow, lower.
Hogs Receipts 28,000, strong to 10 cents
higher than yesterday's average. Lights
and mediums fairly active, others slow;
top $9, bulk $8.45$8.90; pigs strong to
15 cents higher, bulk desirable 100 to 125
pound pigs, $8.50 8.75.
Sheep Receipts 10,000. Lambs opened
10 to 25 cents higher; shorn top $11.50 to
shippers and city butchers, bulk to pack
ers. $10.7511.25: no wooled iamb sales
early; Choice California springs, $13.25;
natives, $1212.50; shorn nominally
steady.
. Omaha Livestock Market.
OMAHA. May 12. (United . States Bu-
r
CAREFUL 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.
rYl
1 1 nrntprtinn in makincr safe investments. III
of the season Tuesday night, render
ing Gauld's oratorio, "The Holy City.
George E. Cochrane, director of the
club, was assisted by several well
known artists, including Mrs. Blanche
Williams Segerstcn, soprano; Miss
Velma McMaster. contralto: C. H.
Carters, tenor: Otto Wedemeyer, bar!
tone, and Warren Brian cross oi
Portland. Following the oratorio a
community dinner and dance was
held, many people from Portland
Castle Rock, Kelso and Kalama being
present..
OFFICERS TO TIGHTEN NET
Standardization of Poolrooms Is
Object at Aberdeen.
ABERDEEN. Wash., May 12. (Spe
clal.) A conference was held in the
offices of County Prosecutor Acret
here last night, which is expected to
result In closer co-operation between
law enforcement officers of the cities
and the county. Present at the meet
lna- were: Mayors H. E: Bailey, Aber
deen, and Jacka of Hoqulam: Chiefs
George Dean and Clint F. Hards of
the same cities: Prosecuting Attorney
Acret and Deputies R. A. Lathrop and
A. M. Wade; A. E. Cross, city attorney
of Aberdeen: Sheriff Elmer Gibson
and Charles M. Cloud, chairman of the
Aberdeen police committee.
Standardization of pool room and
soft drink places and sale of firearm!
was given as one object to De at
tained.
ALBANY PLANS EXHIBIT
Homo Products Show May Bo Part
of Linn County Fair.
ALBANY, Or., May 12. (Special.)
Alhanv mav atacre, c home products
exhibit as a result of a discussion of
home products at the luncheon of
tha Albany chamber of commerce
Tuesday at which D. C. Freeman of
Portland, manager of the Associated
Industries of Oregon, and E. N. Strong
of Portland, a director, spoke. It
has not been decided yet whether the
exhibit will be held soon or conducted
this fall as one of the features of the
Linn county fair.
.... . i .
1 ne committee nb-meu iu nauuiv
this matter consists of Alfred C.
Schmitt, W. R. Scott. Frank J. Miller,
Homer Moore, Dan Johnston, Fred C
Veal, A. J. Van Housen. C. J. Johns,
J. J. kindgren. John Roner. Anton
Roner and C. G. Rawllngs.
TOWN CLERK DIES IN BED
Death of AV. II. Hawkins of Elma
Attributed to Heart Disease.
ABERDEEN. Wash.. May 12.
(Special.) W. H. Hawkins, town
clerk of Elma, 71 years old. was found
dead in bed yesterday forenoon by
his eon. R. P. Hawkins, when the
latter went to awaken him. ir.
Hawkins had not been ill. Heart
disease Is ascribed as the cause. Mr.
Hawkins came to Washington 12
years ago from Reed City. Mich., and
engaged in the Insurance business
in Elma. Mrs. Hawkins died last
July.
Surviving relatives are two sots,
R. P. Hawkins of Elma and R. W.
Hawkins of Flushing, Mich., and three
daughters, Mrs. R. I. Wise and- Mrs.
B. E. Loomis. Aberdeen, ana airs.
A. E. Kilmer of Mass, Mich.
DAILY CITY STATISTICS
Marriajre Licenses.
BROCK-WARMACK Leonard Brork.
.ai trni p.a.t Fortv-thtrd street bouin-
east,' and Ruth A. Warmack, legal, 4820
ifty-ninth street nvtncai.
TuiRonRinY.Hi wi.KY Adler J.
Thibodeaux, legal. 565 Marshall street, and
Louise M. Hawley, legal. 788 East Hoyt
street. - , ,
EGOERT-RABVUR wuiiam J. miiji,
2. Rocklawn. 8. D.. and Alma Rahuck. 2J.
to Sixty-second avenue Southeast.
t a tt A -STEWART La Noree Matta.
SO T7S Gllsan street, and Marie Ines Stew
art. 24, 525 East Twenty-third street.
JOHNSON-WILHbl,M Arnoiu c. J"iwi.
son, legal, HI 2 fcaat Asn street, ana cm
abeth Wllhelm. legal. 87S Corbett atreet.
THIERO-wrin nor . J niero, irnw,
San Francisco, Cal.. and Helen E. White
legal, Portland.
1'UI'B-WILLIAMS William C. Tope
legal. 207 iiecoml street, and L. Mealrln
Williams, legal. Tourney apartments.
R I BACK-COHEN Louis Hlliark. Isl
300 Kugene street, and liessle Cohen, legal
300 Eugene street.
t'DK-l ol.UKK l'rllnf C. Co. legal
1208 Stevens building and Maurlta Col
IH-r. 1. gal. 10OO I'tviMton utreet.
SlURRAY-roWKKS Leiand F". Murrav
legal, 12U3 East tiath ittrtM-t North, ant
Clara Ptrnrn, legal. ."S2 hodncy avenue.
CHAMHERI.AIN -WAI.N William r
Chamberlain, legal, 1'rndleton, Or., am
Louella Wain. !gnl. Portland.
NEtiVOI.li-sli-KINNKY Ira A. NcsvoM
legal. 740 Eimt Korly-ftrit street Jsorth.
and Bessie McKinney, Kgul. 0ti2 olisaL
strict.
TRUMPBR-LEAVITT Ttnllcy Trumper
legtil, Concr.-le. Wasli., and f',ldya Leavllt.
legui, 1100 E.ist Harrison str-et.
1'LTMALK-MrCOMU -Harry I riymale.
lrgal, tills Urund avenue, and Ida M. lu
Comb, li-pnl, 2sn Mlovenlh street.
JOSSYMVILDFONO John A. Jnnsy, 81
429 Kant Thirty-evwiith alrect, and Jal
iiniiHiiimnHimimiiiniiHiiimnimii'
We own and offer:
Government
Municipal
Provincial
BONDS
at prices
to yield from
6 to 8
Ask for details.
Commerce Mortgage
Securities Company
Ground Floor
Chamber of Commerce Bldg.
91 Third Street
Phone Main 3067
iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii
DAILY METEOROLOGICAL RErORT.
TXITtTLAND. Msr 12. Maximum tem-
reau of Markets.) Hogs Receipts 01,000. I perature, 73 degrees; minimum, 47. River
reading at e A. i-i "i "
last 24 hours, 0.4 foot rise. Total rainfa.l
(5 P M to 5 P. M.), none; total rainfall
since' September 1. 1020. 44. 13 inches:
normal rainfall since September 1. 1020.
40 S8 inches: excess of rainfall sines Sep.
temper 1. 1020. 25 Inchea Sunrise. 4:42
A. M. : sunset, 7:82 P. M. ; total sunshine.
14 hours and 50 minutes: possible sun
shine, 14 hpurs and 50 minutes. Moon
rise. Prlday, 10:44 A. M.; moonset. Satur
day' 12:48 A. M. Barometer (reduced to
aea level) 6 P. M., 30.02 Inchea Relative
humidity: 8 A. M., 74 per cent; noon.
41 per cent; 5 P. M.. 40 per cent.
THE WEATHER
mostly 15 and 25 cents higher. Bulk 180
to 240-pound butchers, IB.25W8.40, top
$8.50; bulk butchers, 250 pounds and over,
17.9008.20: packing grades, I7.50W7.7o.
Cattle Receipts 3300. Beef steers 15
and 23 cents higher; top steers $8.6.1; she
stock fully 25 cents higher; bolls strong
veala. stockers and feeders steady.
Sheep Receipts 4S.000. Killing grades
strong to 25 cents higher; no choice wooled
lambs nere; best native spring lamDS,
$12.40; top clipped ewes, 37; no feeders
here.
Kansas City livestock Market,
KANSAS C1TT, Mo May 12. (United
Statea Bureau of -Markets.) Cattle Re
ceipts 5000. Beef steers steady to weak,
top $9; calves 50 cents lower, top 38.50.
manv sales $6.508; all other classes
steady; few prime cowa $7; bulk she slock
$5.50 07.50.
Hogs Receipts 8000. Open strong to 18
cents higher, mostly 10 to 15 cents higher.
Bulk of sales $808.45.
Sheen Receipts 4o00. Sheep steady:
lambs strong to 25 cents higher: spring
lambs mostly 25 eents higher: eight loads
wooled Colorados $11.40; most native
spring lambs 311812.
Seattle Livestock Market.
shittle. Mav 12. Hogs steady, no
receipts, quotations unchanged.
Cattle strong, receipts aa, quotations un
changed,
BONtt ELECTION ORDERED
Curry County fo Vote on Issue of
$165,000 for Roads.
MARSHFIELD. Or.. May 12. (Spe
cial.) The Curry county court has
named June 8 the date for Holding; a
bond election for the purpose of pro
viding money for the Roosevelt high
way, which runs through the county
from the Coos line to California. The
call asks for $165,000. and it is ex
pected to be apportioned equally be
tween points north and south of the
Rogue river, that is,' 8J,500 between
the Roeue and Coos line, and the
same amount from Gold Beach to the
California line.
State aid will be given curry coun
ty. Of the Roosevelt mgnway, n
miles will have Deen graaea Dy tnis
fall.' in the vicinity of Port Orford.
south to Corbin.
Woodland Choral Club Entertains.
WOODLAND, Wash., May 12.
(Special.) The Woodland Choral
Federal
Land Bank
10-20 Tear
5 Bonds
Dae 1941 Optional 10.1t
Exempt from federal, state,
municipal and local taxation.
Price 100 aad InteraM.
Yielding 5
Circular on Request for ORJ90
The National City
Company
Offices In more than 50 cities.
YEOX II I, IK;- PORTLAND.
Telephone Main 6072.
'TATIOItS.
o wind
3
Weather.
just placed an-order with the Palmer club save ita first entertainment
Baker .....
Bolae
Boston ....
Calgary ....
Chicago ...
Denver ....
Pes Molnea
Eureka ....
Galveston ..
Helena ....
Juneaut
Kansas City
Los Angeles.
Marahfleld ..
Medford ....
Minneapolis .
New Orleans.
New York...
North Head.
Phoenix
Pocatello ...
Portland ...
Roseburg . . .
Sacramento .
St. Louis....
Salt Lake...
Saa Diego...
San Fran....
Seattle
Sltkaf
Spokane ....
Tacoma ....
Tatoosh Isl..
Valdest 1
Walla Walla..
Washington .,
Winnipeg ...
Yakima I
72 0.00 12 K iPt. cloudy
74 0 00.. IW PI. cloud
56 0 00 10 SB iPt. cloudy
4B 0.00 . .IB It louoy
S4 O.0W..IN
6S0.OO 12NK
70 0 00' 10 S
B 0 00..;N
78 O.0Ot..!sB
500.00 .. N
4011460.181.. IW
Cloudy
Pt. cloudy
ciouoy
Cloudy
Clear
Cloudy
Clear
Pt. cloud
Clear
Clear
Bonds
IMPROVEMENT
PROVINCIAL .
SCHOOL
WATER
to yield
6 to 8.50
Western Bond &
Mortgage Co.
Main 113 80 Fourth St.
Board of Trade Bids
Ground Floor.
i
8010100!. . ,N
72'0 00 . .ISW
S 0 OO . .INW
80 0 00 lOjNWil't. cloudy
66 0 04 ..N -iear
76 '0.281. IB Pt. cloudy
goooOjltlE rioudy
SO 000I..IN X'lear
100 0 OO!. ,SW Clear
es 0.001.. .NW cif.ar
730 001.. is k-ioudy
82 0.001.. IN (Clear
90 0 00il08 K'lear
78 0 001.. IW Iciear
6 0 0rtl..l.NW:oiear
6Bi e 0 00'. .IHW iClear
48) SK 0 Oil iO W jClear
441 S4 0.00I..IN
...142'.... I
86 70 0.00 .. W
40 0 00 . .In
441 56 0 00 18 NB
g!t.W0.OOI..(8W
421 76 0.001.. NW
B0 62'2.0H!. . SB
40 B2'0.12:12!n
4ol 76 0 ooirrisw
cloudy
Cloudy
C loudy
Pt. cloudy
Pt. cloudy
Cloudy
ltain
cinudy
Cloudy
HERRIN & RHODES, Inc.
(RatahlUkra lftna) j
BROKERS
MEMBERS CHICAOO BOARD Of
TitAUIS. j
Corresponoenta. E. K. nrjTTOIv
CO. Membrra firm York Mock Kl.
ekasge. I'rlvato Leased Wires
Direct t A orrorlir "' Coos- I
anodlty Markets.
LIBERTY AND VICTORY BONDS !
BOUGHT AND SOLO j
MAIM 2S3 ood
aei-S HAILWAK UACU. BLDO. '
tA. M. today,
ceding day.
JP. M. report of pre-
FO RECASTS.
Portland and vicinity Friday, fair;
northerly winds.
Oregon and .Washington Friday, fair;
moderate northerly winds,
Constantly Changinff
Conditions
Road building conditions differ in
every localrty. New condition! ;
develop continually. It is to study I
and meet all euch conditions ana
developments that Warren Broth
ers Company maintains a labor
atory in Portland, where tests are
constantly Deing conducted to
make Warrenite-Bitulithic so it
best mecta difficult traffic conditions.