TIIE MORNING OREGONIAN. SATURDAY, JUNE 4, 1921
21
BUYERS SEND OUT
LOWERWHEATBIDS
Market Here Eases Off With
Eastern Decline.
FARMER OFFERINGS LIGHT
Goodman Estimates "Winter Crop
From Eight Leading States at
21,271,000 Bushels Decrease.
Tbe wheat market baa another torn for
th worse yesterday. Tha break of over
S eenta at Chicago had a weakening effect
bere and blda put out In tha country were
I to 4 centa lower than on Thursday.
-Business continued of moderate propor
tions. Holder who refuaed to aell pre.
Tloualy when tha market waa strong ware
ready to meet buyera yesterday, but tney
wanted the old prices,
At tha Merchants' Exchange all wheat
bids were the same aa tha day before, as
tt waa considered that Thursday's prices
vera low.
The coarse train market waa weak. June
white oats were H lower and July 2
lower. No offer were made for barley.
Eastern bulk corn bids were reduced
eOcffJl. ,
I Goodman yesterday Issued bis estimate
f 303.385.000 bushels of winter wheat in
the eight leading producing- states. This
compares with the estimate of 414.658,000
bushels mad by the government on
Hay 1.
Exports of wheat and flour from North
America, this week are reported by Brad
atreeta at 8,000.000 bushels and corn at
1000.000 bushels.
Argentine shipment thi week are
1.018.000 bushels of wheat, 147.000 bushels
of eata and 1,054.000 bushels of corn.
Since the government of India published
en March 15 the forecast for this season's
wbeat crop, revised estimates of area have
been received. The total wheat area for
all India has been changed from 3.563.000
acres, aa reported In the second forecast,
to 24,502,000 acres, an Increase of 939,000
acres, or 4 per cent. The general condl-
tlon of the crop is reported to be fair.
As a result of the uncertainty In regard
to the coming cereal crop in Rumania, the
government has forbidden the export of
cereals by private persons, according to
the American consul at Bucharest. A
period of drought haa been experienced
and both winter and spring crops are suf
fering. Th exportation of 20,000 car
loada of wbeat to- France as compensation
for a loan is not affected by this decree.
Terminal receipts, in cars, were re
ported by the Merchants' Exchange as fol
Iowa:
Portland Wheat.Bar.Flr.Oats.Hay.
Friday 148
Year ago .... 18
Reason to datelS.MS
Year ago S.7&4
Tacoma
Thursday .... 1
- Tear ago 5
Season to date. 4.734
year ago ".103
Seattle
Thursday .... 12
Year ajpo 33
Beason to date. 4.3tv3
Year ago 6,259
3 3 3 3
3 ... 2
2R1 1071 50 2406
189 3919 624 2218
1.2... 3
1
54 995 1SS 941
90 S2U2 178 8J8
1 2 8 4
1 1 2
221 S31 477 1464
248 1177 647 1232
BUTTER AND EGO MARKET STRONG
Active Demand From San Francisco Sends
Prices Higher Here.
A strong demand from San Francisco
for butter and eggs gave strength to both
- markets yesterday. Three straight, and
mixed cars were shipped and more will go
today. Cube butter sold up to 2H4c, and
although receipts were heavy, more could
have been used. Tbe demand for prints
was also active.
Eggs were firm at 20 cents, buying price
to country shippers. Resales were made
on the street at 21 cents. The eastern egg
market has Improved lately and so many
have been shipped from California as to
cause a shortage there, hence the buying
In this section.
Poultry continued in plentiful supply and
weak. Dressed meats were steady.
SUGAR DECLINES 33 CENTS HCTfDRED
Market May Be Readjusted When Re
finers Bay More Raws.
A drop of 35 cents a hundred In all
rrades of refined sugar was announced by
local jobbers yesterday. The new quota
tion on cane granulated Is $7.50 and on
beet sugar $7.30.
That the sugar market has had A weak
undertone was Indicated by the fact that
th refiner absorbed th duty imposed by
the emergency tariff law. The general
belief some time ago waa that the duty
would be passed on to the consumer. This,
however, may be the case when the pres
ent stock of raws 1 used up and new
sugar arrive.
NEW YORK. June 3. Raw sugar 4.63c
for centrifugal. Refined 6.30o for fin
granulated-
World Shipment Decreased.
World wheat shipment last week and
in the same week last year were:
Wk. End.
May 2S-21
. . 8, ik". i. mm
939.000
. 2,320.000
256.000
Wk. End
Mav 20-20
4. -.43. 000
TT 8. Canada ..
Argentina
Australia
Others
7.678.000
1. 272.000
Total 12.466.000 13.493.000
Shipments for the season to date com
pare as follows:
Total Sine Same Prd.
July l-2n. Last Sea n.
TJ. S. A Canada ....42.321,0lO 26S.4ii3.000
Argentina 78.n9.ono 2iB.9js,noo
Australia eo.766.ono 87,778.000
Others 10.738.000 1. $42,000
Total
. .560,834.000 574.983.000
Strawberry Prices Steady.
The strawberry market was steady. Re
ceipts were fairly large, but all the left
over stock had been cleaned up. The bulk
of sales were at $303.25, with the best
lots bringing $3.50. There was a good
clean-up and a steady market Is expected
again today.
The car of cantaloupes due yesterday
morning was delayed.
Bank Clearings.
Bank clearings of the northwestern
cities yesteraay were as follows:
, , Clearings. Balances.
romana 4.HW.BN4
Seattle 5.168.613
Tacoma 5 IS. It 1,1
Spokane 1,689,969
$ 755,628
1,011,560
94.853
422,771
PORTLAND MARKET ITOTATIONS
Grain. Flour and Fred.
Merchants Exchange, noon session.
Wheat June. July.
Hard whit $ 1.3S ."'..
sort wnite
White club
Hard white
New spring ............
Red Walla
Oats
No. 2 whit feed
Barley
Brewing
Standard Feed
Millrun
Corn
No. 2 E. T. shipment...
No. S E. Y, shipment ...
1.34
134
1.28
1.30
1.27
29.00 28.00
24.00
22.00 22.00
31.7$ 32.00
31 75 31.00
31.00 30.00
FLOUR Famlls patents. $8.60 per bar
rel: whol wheat $7; graham $6.80; bak
ers' hard wheat. $8.25; bakers' biuestem
patents. $7.75; valley bakers $7.25
straights. $7.25. '
MII.LKEED Prices f. o. b. mill: Mill
run, $33 per ton; rolled barley. 3S04O;
rolled oata. $41; scratch feed, 3!r per ton.
CORN Whole. $41; cracked. $44 per
ton.
HAY Buying price f. . b Portland:
AilaUa, $18 per ton; cheat, 22g23 per
ton; clover, $16 per ton; valley timothy,
$24; eastern Oregon timothy, 24.
Dairy and Country Produce.
BUTTER Cubes, extras, 2727Heper
pound; prints, parchment wrapped, box
lots. 32c; cartons. 33c Butterfat. buying
price: A grade, 26c; B grade. 24c, Port
land delivery.
EGGS Buying prices, caa count, 20c
delivered. Jobbing prices to retailers:
Candled ranch, 22c; selects, 24c
CHEESE Tillamook triplets, price to
Jobbers I o. b. Tillamook, 19c; Young
Americas, 20a pound.
POULTRY Hens. 1622e pound: ducks,
young, 40c; geese, nominal; turkeys, nom
inal. PORK Fancy, 13c per pound.
VEAL, Fancy, 13Vi14c per pound.
Fruits and Vegetables. I
FRTTITS Mb v-f nranrea S3AR7K Tier
box; lemons, J3.50&8: grapefruit, 310
per box; bananas, BttlOo pound; ap
ples, 1150413 per box: strawberries. Ore-1
son, taiii-W per crate; cnerries, ivw
25c per pound; cantaloupes, standards,
$7.50; ponies, $6.50; peaches, $2.70 ft 3 per
box.
vegetables Cabbage, BttOec per
pouna; lettuce, $3.&0&4 per crate; carrots,
$3 per sack; garlic, 20c per pound; --beets
$1.503 per sack; green peppers, 3540c
per pound; rhubarb, 4&c per pound;
spinach, 66c per pound; turnips
$22.75 per sack; tomatoes, $2.755 per
lug; cucumbers, $1.50$2.50 per dozen;
peas, 15 017Vc per pound; asparagus $2
per dozen; beans, 12tt17c.
POTATOES Oregon. $1 2501.50 per 100
pounds: Yakima. $1.50 1.7.1; new Califor
nia. 44 $5c per pound; sweet potatoes,
$3.73 per crate.
ONIONS Oregon. 7Bc1.00 per sack:
new crop. White Bermudas. $2 per crate.
Staple Groceries.
Local lobblns Quotations:
SUGAR (sack basis Cane rranulated.
i.ouc per pound; beet, 7.30c per pouna.
NUTS Walnuts. 30 wane pound; Brazil
nuts. 80c: filberts. 12c: aimonds. 24630c
peanuts. 8llc pound; cocoaouts. $1.75
per dozen
KicE Blue Rose. so per pouna: Japan
tyie. 414 c per pound.
BEANS Small white, BUe; pink, Tttc
lima. 74e: red. 10c ner nound.
COFFEE Roasted, bulk. In drums. 14 S
Bo vc per pound.
eALT Granu atea. Bali- J3.4ujj4.zs
bait ground, ton. 50a, $19.75; 100s, $19.25
lump roclc, $20 ao.
DRIED FRUITS Italian prunes. 64
pound; dates, $4.2506-85 per box; figs, H
to.2o per box.
Bide, Bops, Etc
TALLOW No. 1. 3M84c: No. 2. 214B
Xc tier onund.
CASCAKA bakh. lvzu peel, oo pouna.
delivered Portland.
HOPS 1U20 crop. Best, iowiso per
pound.
HIDES Salted country maes, 4o a
llvered Portland; grubby hides. 3c; city
calf skins. 12c; country ca.f It Ins. 10c
mnnA kin fie. a-rubbv klD. 4C
WOOL. isew cup, jO(fl!lo per pounu.
MOHAIR New clip. . 1822iie per
pound, delivered Portland.
(iKAl. JjAUa Blotto ai country
points.
Provision.
HAMS All sizes. 30036c: skinned. 319
S6c: nfrnlc. 18c: cottaRe roll. 2bc.
BACON Fancy, 43053c; choice. 300
35c: standard. 25 2 ic:
LARD Pure, tierces, 18c pouna; com
ffwiiinil tlrrir 11c.
Oil.
LINSEED OIL Raw. in barrel. 99c
five-gallon cans. $1.14. Boiled, in barrels.
$1.01; five-gallon cans. $116.
TUnrn.Ml.Milll arums, vie,
Inn fan CI 12
WH TT I TT.An TOO. D. Kl. ISO DCf 10.
COAL, OIL Tank wagons and iron bar-
re's, !7c; cases, oiic.
rels, 28c; cases 4Uc.
SAN FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits,
Etc, at Bay City.
SAN FRANCISCO, June 3, Vegetables
Asparagus. 3410c. potatoes, 2 6 4c
onions, Australian brown, nominal; green
Il.SOai.fi.i: celerv. nominal; garlic BJJSC
bell peppers. 10020c; peas, Bllc; rhu
barb. $1.5oe2.23: lettuce. $101.25: arti
chokes, $5012; beans, string. lO012Vic
beets, $1.7502; carrots, $1.2501.50; egg
plant. 15020c
Poultry Hens. 2332c: staggy roosters,
20fil25c: old. 13018c: ducks. 25635c;
squabs, 45048c; pigeons, $303.50 dozen;
Be rlin hares. 17&28c: seese. 2oC.
Fruit Oranges, navel. '$35; Valencia,
$363.73: lemons. $406; apples, mw
strawberries, drawer, 50075c; loganber
ries, 50065c drawer; raspberries, $101.25
drawer, gooseberries, nominal; bananas,
8 4 010c pound, pinapples, nominal; avca-
does, $406 dozen; cherries, black, in bulk,
6010c drawer, 75$1.25; apricots, $1,500
2 four-basket . crates; $203 lug; peaches,
$1.5001.75 -.ox; cantaloupes, $4.5005; figs,
$1.7503 box: currants, 8oc0$l drawer.
Receipts Flour, 3710 quarter barrels;
wheat, 3529 centals: beans. 9324 sacks;
barlev. 1400 centals: corn, 25 sacks; pota
toes, 708 sacks; onions, 104 sacks; hay,
110 tons; hides, 700; orange, 400 boxes;
livestock, 500 bead.
QUOTATION S ON DAIRY PRODCCE
Market Price Ruling on Butter, Cheese
and Egg.
SAN FRANCISCO. June 3. Butter-
Extras, 36c; prims firsts, 33c; firsts, nom
inal.
Errs Fresh extras, 81 He; extra firsts,
31c; firsts, 30c; dirties, 29c; extra pullets,
7c: undersized pullets, 23c.
Cheese Flats, fancy. 23c; firsts, nom
inal; Young Americas, fancy, 20fec; firsts,
nominal.
CHICAGO. June 3. Butter Higher.
Creamery extras. 29; firsts. 23 0 27c; sec
onds. 17 022c; standards, 29c.
Eggs Unchanged. Receipts. 11,967 cases.
NEW YORK, June 3. Butter Firm.
Creamery, higher than extras, 3O03OHc;
creamery extras, 29Vjc; creamery firsts,
26V4 029C
Eggs Irregular. Fresh gathered extra
firsts. 27Vs6 2Uc; do. firsts, 25 0 27c
Cheese Steady, unchanged.
SEATTLE. June 3. Wholesale prices to
dealers: Eggs, select local ranch, white
shells. 242.c; do. mixed colors, 23024c;
pullets. 18fi20c.
Butter City creamery cubes. 32c; bricks
or prints. 33c; country creamery extras,
cost to jobbers In cubes, 28c
Coffee Futures Advance.
NEW YORK, June 3. There was further
advance in the market for coffee futures
here today with September contracts sell
ing up to the 7 cent level, or the highest
price touched since last April. The gen
eral market opened at an advance of 12
to 16 points on reports of continued firm
ness in Brazil and covering by trade or
speculative shorts. Business was not act
ive or general but offerings were light
with active months selling 17 to 20 points
above yesterday's closing figures. The close
was within 2 to 3 points of the best, show
ing a net advance of 15 to IS pointa.
Closing bids: July, 6 60c; September, 6.98c;
October, 7.12c; December. 7.39c; January,
7.50; March, 7.72; May, 7.92.
Spot coffee was reported In better de
mand at 7 cents for Rio 7 and 9 "40940
for Santo 4s.
Metal Market.
NEW YORK. June 3. Copper, steady
Electrolytic, spot and nearby, 13K 0134c;
futures. 134 0l3c.
Tin Easier: spot and nearby, 80.500
30.75c: futures. 30.25 031c.
Iron Nominally unchanged.
Lead Steady; spot, 5c.
Zinc Steady. East St. Louis, spot, 4.60
04 75c.
Antimony Spot 8.25c
Dried Fruit at New Tork.
NEW YORK, Jun 3. Evaporated ap
ples, nominal; prunes, quiet; peaches,
steady.
Dulnth Linseed Market.
rvrjLUTH, Minn., June 3. Linseed on
track and arrive
Cotton Market.
NEW TORK. June 3. Cotton Spot,
quiet; middling, 1290c.
Sawmill to Resume Soon.
CHEHALIS, "Wash., June S. (Spe
cial.) R. M. Shaver, one of the pio
neer sawmill men of this part of the
state, expects shortly to be;in cutting-
again at his plant on the north
fork of the Newaukum, a short dis
tance above Forest postoffice. Mr.
Shaver's mill, while a small one with
a daily cut of 25,000 feet, is well
equipped and has a stand of fine tim
ber adjacent to it. He plans within
the coming week to complete erection
of a shingrle mill which will be oper
ated in conjunction with the sawmill.
Two machines will be used and th
daily cut o' shingles is expected to
reach 60.000.
Phone your want ads to The Ore-
gonian. Alain 7070, Automatic s60-9o.
STOCK LIST MENS!I
SELLIXC BY BOTH ACCOCXTS
rXSETTLES MARKET.
Continued Lightness of Money
Adds to Pressure Liberty 3 s
Have Spirited 'Rally.
NEW YORK, June S.-Llquidatlon and
short selling effected further price lm
palrment in the stock market today. Stand
ard shares lost one to five points, while
speculative issues fared even worse.
Pressure accumulated through tight
money, indications of trade depression and
further dividend omissions. Chief among
these were Cuba Cane Sugar, preferred,
and Armour Leather, preferred, while In
ternational Harvester announced a cut in
the common dividend.
The tuba Cane dividend action evident
ly came aa a surprise. The stock sus
tained an extreme loss of IS points on
heavy offerings, which Included a blocs
of 4000 shares.
Other sugar share were extremely
weak, as were many food stocks, motor
subsidiaries, cheaper oils, chemical and
shipping. Rails were dull and Irregular.
Weakness ruled at the close on a turn
over of 635.000 shares.
Call loans opened and renewed Into next
week at per cent, a quotation tnat pre
vailed throughout the session. Rates for
time funds were unaltered, but the supply
diminished. i
The heaviness of foreign exchange, par
ticularly sterling, was associated with sell
ing from London on rejection by British
coal miners of the government's proposals.
German and Greek remittances alone
showed comparative strength.
The chief feature of the bond market
was a rally in liberty 8tts These closed
at 87.90, a net gain of slightly more than
one point and almost two points above
yesterday's low record of 86. Other lib
erty Issues showed mixed gains and loss
and the general bond list was irregular.
Total sales, par value, $14,675,000.
CLOSING STOCK QUOTATIONS.
(Furnished by Overbeck & Cooke com
pany, Portland. )
Bid.
14
47
28 '4
1
83b
74
81H
421k
29
82
12314
109
18
42.14
6
41
111
B21,
66
41X
29
68
821,
98
SH
814
4114
7n
29
78
90
- 58 V4
10414
124
122-4
724
31
914
39
99
80S
7514
: 364
7714
95
40
SO
5514
414
12
13
12T4
5614
41
Iiz
36
2774
HI
64
8
1854
11
24
28
43
27 74
D8
2!)
3S
6S
6
4S
1
65
SS
31
9314
76
66
64 74
83
1474
42
18
97
. 18
1
62
1 3 -4
20
14
71
814
26
13
1
66
13374
10
I
6674
85
21
27
Granby
Great Nor Ore
500
1.100
100
100
600
1.2O0
274
6!l4
23 74
35
11
68
27
69
23 74
85
11
66
Great Nor pfd
, Oil "4
Greene Can...
Gulf S Steel.
Hup Motor ..
23 74
tt-i
. 11
65
Houston oil..
Us Cent ....
SH V
Inspiration . ..
1,200 84 34
34
t Agr corp
do Dfd ....
300
500
200
500
8,000
8.500
3.500
2.300
6,000
Vioo
3.400
1,200
1110
9,000
1,600
30
400
1,700
700
100
300
1,100
15.200
49
4
4 7
88
13
49
1.1
6874
ie
8
27 V,
60
40
2014.
14
28 '
52
104
4
150
2 74
13
26
2
4
22
4274
1
63.
48
4
11
8474
12
47
1-1
66
i-i'"
8
27
60
37
20
13
27
62
101
4
147
22
S26
2
4
21
41
18
62
48
4
Interboro ....
do pfd ....
11
4
85
nter Callahan
Int Harv ....
do pfd .
Int Mero Mar
do pfd ....
Int Nickel ...
Int paper ...
do pfd ....
Invincible Oil.
Island Oil ..
K C Southern
do pfd ....
Kelly - Spgfld
Kennecott ...
Keystone Tire
Lack Steel....
Lee Tire
Lehigh Valley
Lorillard
L 4 N
Maxwell Motr
Hex Pet
104
12
49
144
14
3
27
60
37
20
1374
45
27
51
152
104
148
22
11
Miami 800
Mid States Oil 27,400
Mid vale Steel. 2,100
M K. 4 T 1,600
do pfd .... 100
Mo Pac 1.900
do pfd .... 1,700
Mont - Ward. 1,000
Nat Enamel..' 500
Nat Lead ... 100
Nevada Con
New Haven.. 1,300
Norfolk 4 W 200
Nor Pac 4,600
Nov Sco Steel 100
N Y Air Brko
N Y Central. 300
Okla Prod ref 2,3u0
Ontario Silver
Ontario 4 W 100
Otis Steel ... 600
Pacific Oil . . 12.200
Pac Gs 4 Elc 300
Sales. High. Low.
Advance Rum 2U0 14 14 14
Agr Chem ... 200 47 474
Ajax Rubber
Alaska Gold.. 100 H
Alaska Juneau 400 1 14
AUIs - Chlmrs 2,800 35 . 841,
do- pfd 300 74 73 la
Am Beet Sug 3,300 35 8114
Am Bosch ., 700 43 42V4
Am Can Co.. 2,100 294 29
do pfd ....
Am Cr & Fdy 200 12314 12314
do pfd . .'
Am Cot Oil.. 800 19 18V4
do pfd
Am Drug Syn .-
Allied - Chem 1,400 4214 41T4
Am Hde ic L, 3"0 12 114
do pfd .... 400 53 52 1
Am Ice
Am Intl Corp 7.000 4234 41
Am Linseed..
do pfd ....
Am Loco .... 1,800 834 824
do pfd
Am.Sar. Razor 800 b 6
Am Shp & Cm 500 8"4 84
Am Smelter.. 2.200 4214 4074
do pfd 800
Am Steel Fdy 500 294 29
Am Sugar .. 19.200 804 7714
do pfd 1.000 92 '4 9214
Am Sumatra.. 1.000 6U4 5814
Am Tel & Tel 1.800 1044 104 V4
Am Tobacco... 1,000 125V4 124 "4
do "B" 60() 124 122 H
Am Wool 4,400 74 7214
Am W P pfd
Am Zinc .... 200 914 914
Anaconda .... 1,500 40 89
Assd Oil .... 200 99 99
Atchison 700 8114 804
do pM ino 7614 761i
At. Glf A W I 2.900 3714 38
Baldwin Loco 23.200 78 764
do pfd
Balto ik Ohio S.900 41-4 41
do pfd 3O0 51 504
Beth Stl "B" 4,200 654 644
Booth Fish
B R T 200 1214 12
Butte & Sup. 100 13 13
Caddo Oil ... 800 12 1211
Calif Packing 100 671s 6714
Calif Pet 1,100 4114 41
Canad Pacific 700 112!4 1124
Centrl Leather 500 37 36'4
Cerro de Paac ' 400 28 274
Chand Motor. 1.5O0 62'4 61
Chicg & N W 500 654 64 i
Chk-g Gt W. 500 814 74
do pfd
Chill Cop .... "6,600 1114 11
Chino 600 24 1 24
C M St P.... 1.300 29 28
do pfd .... 3,400 44 424
Coco Cola . 500 28 27 4
C ec 0 1,000 5814 6774
Colo F & I.. 200 29 14 29 14
Colo Southern 200 3814 8814
Col Gs & Elo 700 6814 68
Colum Graph. 4.400 84 614
Con Gas 200 871s 87
Contl Can ... 900 4714 464
Contl Candy.. 1,100 1 1
Corn Prod .. 10,500 6614 65
do pfd
Cosden Oil ... 1,300 8214 814
C R I & P.. 9,300 8414 8314
do "A" pfd 300 77 li 76
do "B" pfd 300 6614 66
Crucible 9,500 65 64
do pfd
Cuba Cane .. 10.S0O 1714 - 144
do pfd 11,300 6314 40
Cub Am Sug 6.700 19 74 1814
Del & Hudson 1,0110 -93 P7'
Domes Mines. 3oo 1814 1B
D & R G.... 6O0 74 i
do pfd 4O0 14 1
Endl Johnson 6.900 64 ! 62 '
Erie 2.200 14 1374,
do 1st pfd. . 100 21 21
do 2d pfd.. 700 14 "4 14
Fams Players 4,000 724 7114
Fed Mln & Sm
do pfd
Flsk Tire ... 1.600 14 13 4
Gaston Wms. 1,200 114 lis
Gen Cigars
Gen Electric. 900 1.1.V4 134
Gen Motor ... 1,800 10 4 10
Goodyear
Gen Asphalt.. 13.900 67 74 66 4
Goodrich 1.700 86 3514
26
2
4
21
41
18
52
76
11
1874
95
71
29
61
69
2
4
18
12
- 84
60
63 74
67
3474
51
22
31
- 30
2174
8
60
29
80
100
13
70 74
18
23
64 74
88
- 69
83
72
754
.
42?
27
38
7474
20
47
24
36
71
85
8
85
.-23
34
19
93
7274
29
69
2.
18
12
34
61
63
58
85
61
234
32
30
22
8 74
18
95
71
29
69"
i
18'
12
83
60
63
67
84 74
S0
III.
30
2174
8
Pan Amn Pet 18.500
do -B
600
600
Penna
Peo Gas
Pere Marqutt
J-hiladel Co.'.
Pure Oil
Pierce Arrow.
Pierce Oil ...
Pitts Coal ...
Pitts 4 W Va
Pressd Stl Car
Pullman ....
Ray Cons ....
Reading
Remington ...
Replogle Steel
Repub 14 8
do pfd ....
Royl Dtch Oil
Ry Steel Spg
S O Ind
Sears Roebuck
Shattuck. Ariz
Shell T 4 T. .
Sinclair
Sloss Shef....
Sou Pacific...
Sou Ry
do pfd ....
St L 4 S F. .
Strombg Carb.
Studebaker
Swift 4 Co. ..
Tenn C 4 C. ..
S.ttOO
1,600
700
WO
8.700
1,000
2,3116
600
1.500
500
6.000
4,700
200
1,800
29 . 29
101
134
72
21
25
65
100
13
7074
18
24
64
5874
2,000 60
8,200 7674 75
1,100
11,300
100
2.100
1,100
300
3.700
200
38.500
"i.Voo
6,000
1.000
2,700
43
23
38
75
48
25
364
73
97
8
85
24
-ill
41
22
3S
74
20
47
24
36
70
95
8
85
234
3
Texas Oil ....
Texas Pac . . .
Tex p C 4 0..j
Tob Prod 100 634 6314 85 H
TrContOll... 5.100 9V4 8V4 8H
Un Oil Del 2.S00 20 74 20 20
Union Pac ... 1.600 118V4 1174 117H
Ur.ted Alloy. .. 100 2614 2614 26
United Drug.. 5.500 9114 874 89
Untd Fd Prod. 1,400 1914 1814 184
United Fruit. . 3,700 108 106 107V4
Untd Rds N J 800 10?s 10 10
do pfd 700 2214 2174 21
Un Rtl Stores 800 68 58 58
U S Ind Ale. 3.300 614 60 61
U S Rubber... 24.900 66?4 64 - 63
do 1st pfd 100
U S Smelting 32
U S Steel 12.100 80 79 79
do pfd 900 108 108 108
Utah Cop .... 2,800 53 62 52
Va Chem .... 2.100 30 29 29
Van Steel ... 1,200 30 SO 30
Vivandoa .... 800 8 '74 7
Wabash ....... 800 8 8 8
do A pfd... 2,000 22 22 22
do B pfd 14
Wells Fargo -62
West Pac .... 200 28 27 27
West Union... 200 88 87 87
Westb E & M. 500 46 45 45
West Md 500 10 10 1014
White Motors. 1,500 37 36 35
Willys-Ovid .. 700 8 8 8
do pfd 200 86 85 86
Wilson Pack.. 100 38 38 88
Wis Central 32
Woolworth .. 400 114 113 114
Worth Pump.. 400 48
W & L, E 10
BONDS.
TJ S 2s reg. .
do coupon
U S 4s reg..
do coupon
.100 N Y C deb 6s.. 87
99'N P 4s
73
.04 IN P 3s
.104!Pac T 4 T 5s..
.. 78 Pa con 4s. .
04
83
84
87
81
79
Pan 3s reg
do coupon . ..
76 S P cv 5s
9714 So Ry 5s
A T 4 T cv 6s.
Atch gen 4s...
74'AiU P 4s
D & R G con 4s 64 1
Bid.
Liberty Bond Quotations.
Range of liberty bond quotations, fur
nished by the Overbeck 4 Cooke company
of Portland:
High.
Low. Close.
80.70 87.70
Liberty. 3s 87.98
Liberty. flrr 4s
87 50
86.50
87.60
86. 68
90.70
83.72
98 10
98.10
Liberty, second 4sN
LiDeTty. nrst 4Hs bt.i.i
Liberty, second 4"4s S6 .80
87.50
S 64
90.66
88.60
98.08
90.0S
Liberty, third 44s 00.80
Liberty, rourtn 4Ws hh.sii
Victory. 44 s 99.18
victory. 3-fcs vs. 13
Mining Stocks at Boston.
BOSTON, June 3. Closing quotations:
Allouez 20 INorth Butte ... 10
Arix Cora 8IO!d Dom 21
Calu & Ariz... 49 lOsceola 28
Calu & Hecla..248 Qulncy
59
Centennial
7 Superior
3
1
85
374
37
104
Cop Range.
84tSup 4 Boston.
East Butte
Franklin ...
.. 9 Shannon
. . 2 I'tah Con
21 Winona
.. 24 Wolverine
. . 51
Isle Royalle . .
Lake Copper. .
Aionawn
Swift Co. Stock.
Closimr prices for Swift 4 Co. stocks at
Chicago were reported by the Overbeck 4
Cooke company of Portland aa followsj
swift 4 Co
Llbby. McNeill 4 Libby 8
tional Leatner n
Swift International i24
Money, Silver. Etc
NEW YORK. June 8. Prime mercantile
paper, 64 07 per cent.
Time loans, nrm; uu nays, wu nays nu
six months, 7 per cent.
Call money, firm: low, ruling rate, 01-
fered at and last loan, 7 per cent; clos
ing bid. 7 per cent.
Bar silver, domestic 9914 c, loreign oec.
Mexican dollars, 44 c.
LONDON, June 3. Bar silver, SStid per
ounce. Money. 4 per cent. discount
rates, short bills. 5 per cent.
Foreign Exchange.
Fore'gn exchange rates at close of busi
ness yesterday, furnished by Northwestern
National hank of Portland. The amount
quoted is the equivalent of the foreign unit
in United States funds:
Country. Foreign unit. Kate.
Austria, kronen $.0020
Belgium, francs VK
Bulgaria, leva 0133
Czecho-Slovakia. kronen 0152
Denmark, kroner -.1788
England, pound sterling 3.92
Finland, flnmark 022
France, francs 084
Germany, marks uioj
Greece, drachmas 062
H.ll.n .xllH.ri 845
( Hungary, kronen
Italy, lire w...,-
Jugo-Slavia. kronen v OOSo
Norway, kroner 1343
Pnrfnenl escurios .................. .111
Roumanla. lei .0175
Rerhia. dinar, .(132
Spain, pesetas 13.5
Sweden, kroner 23 15
Switzerland, francs 176
China Hongkong, local currency 4975
Shanghai, taels 6575
Japan, yen 485
NEW YORK, June 8. Exchange irregu
lar. Sterling. demand $3.87; cables,
$3.88; francs, demand 8.26, cables 8.28;
Belgian francs, demand 8.25, cables 8 27;
guilders, demand 34.25, cables 34.35; lire,
demand 5.20, cables 6.22: marks, demand
1.57. cables 1.58; Greece, demand 6.10;
Sweden, demand 22.95; Norway, demand
15.22; Argentine, demand 81.75; Brazilian,
demand 13.75; Montreal, 10 per cent dis
count. Foreign Bonds.
Foreign bond quotations furnished by
the Overbeck 4 Cooke company of Port
land: Bid.
Ask.
17
Russian 5'4s, 1921 14
Russian 5s. 1026.
4 7
Russian 6s. 1919..
French 5s, 1931
French 4s. 1017
French 5s. 1020
.. 15 18
.. 63 64
. . r.j 53
.. 77 78
Italian 5a. IOIS ....
British 6s. 1022
British 5s. 1927...-.
British 5s. 1929
. . 41 43
. .386 806
. ..'ill 801
. . 3S8 . S!K)
. .302 812
..273 23
.. 71 74
.. 73 78
British vkv 4s
British ref 4s.....'.
Belgium rest 5s....
Belgium nrem 5s...
German W. L.
5s..
.. 124 13
Berlin 4s
Hamburg 4s . .
Hamburg 4s
. . 13
. . 15 16
.. 15 10
.. 15 17
,. 15 17
Leipeiz 4 Vis ..
Leipslg 5s ....
Munlcn 4S ...
.. 15 1
Munich 5s
, . J IS
Frankfort 4s 18 17
Jap 4s ..68 69
JaD 1st 4 'As ..- 85
Jap 2d 4s 85 fttli
farls alxes
U. K. 1021 ! VSI-A
IT. K. , 1922 97 97
U. K. 5s. l2!l fi!74 o
U. K. 5 lis. 1937 84 74 85
UNDERLYING CONDITIONS ARE SOCND
Decisive Turn for Better Expected After
. Ending of Summer,
NEW TORK, Jun 3. Dun' tomorrow
ill say:
Another month h Dossed without gen
eral recovery In business, but condition!
are steadily working- toward a stronger
and sounder basis. Changes essentia! to
revival have long been In progress And
there is hope that a more decisive turn for
the better will be witnessed after the end
ing of summer.
With special causes for hesitation, the
present situation is marked by waiting In
many quarters, the disposition being to
defer important action until necessary re
adjustments have been extended. While
exceptions to this policy appear in certain
instances where liquidation has seemingly
been completed, the attitude of most buy
ers Is reflected In their persistent disin
cllnation to operate beyond Immediate re.
quirements, future price- consideration be
inr a factor.
That the yielding in some -commodities
haa been checked Is evidenced by the
smaller number of decline in Dun's list of
wholesale quotations, but the prospect of
additional recessions is assigned s a rea
son for the withholding of demand in not
few lines and this phase Is still prom
inent In the great iron and steel industry.
Weekly bank clearings were $j,.oj,-
525,331. -
WOOL BCYTSG GENERAL IN WEST
Values Are on Very Firm Basis- Trading
Lighter at Boston.
BOSTON", June 3. The Commercial Bul
letin tomorrow will say:
The wool market is quieter, many manu
facturers apparently having covered their
Immediate requirements and finding no
necessity for further buying of moment,
although the goods market is reported in
a healthy condition and the mills are well
occupied. Buying is ratner more general
the west and values are very iirm on
about the levels of a week ago. Com
paratively little ia being done in the bright
wool states.
Scoured basls Oregon Eastern No. 1.
staple, 78' 80c; eastern clothing, 63 68c;
Valley No. 1, 6570c.
Territory rine staple, cnoice. ujrs;c:
half-blood combing, 7072c; three-eighths-
blood combing, 48 52c; one-quarter-blood"
combing, 38 42c; fine and fine medium
clothing, 60 63c.
Pulled- Delaine, SS-ffUUc; A A, 70fMSc;
supers, 6070c.
Mohair Best combing, 27 4? 30c; best
carding. 22 25c.
Holiday at Savannah.
SAVANNAH, June 3. Holiday is naval
stores market,
SHEEP ONLY RECEIVED
FOfR CARLOADS ARRIVE AT
3TORTB; PORTLAND YARDS.
Prices Are Steady 'With Good De
mand for Best Grade of Lambs
Hogs and Cattle Unchanged.
Th only arrivals at the tockyard yes'
terday were four loads of sheep and the
trading was practically all In thla line.
Both sheep and lambs were steady In price
and a good demand waa reported for
lambs of good quality. Hogs and cattle
were nominally steady. 4
Receipts were 792 sheep, Th day's
aalea were as follows:
Wt. Price!
Wt Price
74 6.25
64 6.25
89 2.00
15l J3.O0
105 1.75
4 steers.
6 steers.
1 steer. .
1 steer. .
1 steer. .
- 1 steer. .
1 steer. .
2 steers.
1 steer. .
6 steers.
1 cow. .
2 cows.
2 stags.
31 mixed
11 lambs,
6 lambs.
4 lambs.
652 $3.75
19 lambs..
70 lambs.
11 ewes. ..
1 yearl..
43 mixed.
610
o. 10
730
890
800
6.-0
770
565
650
6H5
5U0
110O
070
491
68
83
76
6.75
6.0
6.001
3.5)11
1 buck..
1 cow . . .
1 bull. ..
1 calf. .
61 lambs.
138 lambs.
2.10
0O
lO-JO
1.50
2.00
3.501
3.50
3. SOI
4.75
4.50
5.00
7.25
6.0O
3.50
200
2.00
5.00
4.50
260
66
69
61
120
116
100
110
87
4.501
6.001
4.501
43 lambs.
1 ewe. . .
3.5CH
3.90i
118 ewes. .
6.501
6.501
25 ewes. .
1 yearl..
6.50
23 yearl.
Livestock prices at the local yards fol
low:
Choice steers
.$7,500 7.73
. 7.000 7.50
Medium to good steers-.
Fair to medium steers
7.000 T.riO
5.000 6.00
6. 00 I'd! 6.50
. 5.5006.00
4.50 0 5.00
2.00 0 3.50
3.500 4.75
9.500.10.00
9.000 9.50
6.IK0 9.00
3.000 600
4.750 5.25
8.50W 9.23
7.25 0 8.23
6.250 7.25
Common to fair steers
Good cows and heifers
Medium to good cows, heifers.
Fair to medium cows, heifers..
Canners -
Bulls
Choice dairy calves
Prime light calves..
Medium light calves ,
Heavy calves
Fair to good feedera
Hogs
Prime light calve .-
Smooth heavy. 250 to 300 lbs..
Smooth heavy, 300 lba, and up.
Rough heavy
5.00 0 7.25
4.000 7.25
9.000 9.25
Stags
Fat pigs
Feeder pigs
8.300 9.23
6.50 fj 7.25
5.500 6.50
4.000 6.50
2.50 0 4.00
0.000 5.50
4.30 0 3.00
4.000 4.50
3.00 0 4.00
1.000 4.25
feneep
Prime lambs ...........
Fair to good
Cull lambs
Feeder lambs
Light yearlings
Heavy yearlings
Light wethers
Heavy wether
Ewe
KANSAS CITY Mo.. June 3. (IT. S.
Bureau of Markets.) Cattle Receipts.
1100. Ail classes dull but about steady;
Texas yearllrrgs. $8.40; top steers, $S.5
quarantine steers, $5.50 0 6.50; best ve&lers,
$8.60: quarantine calves, $3.8006.25; most
good canners, $2; good cows, $5.60.
Hogs Receipts, 5000. Active, around
10c lower; lights declining most; bulk
light hogs to packers, $7.50; top, $7.50;
bulk of sales, $7.1507.50.
Sheep Receipts. 2000. Steady. Native
spring lanbs mostly 25c higher; clipped
lambs up more; native ewes, $3.2503.50;
top native springs, $12.50; clipped iambs,
$11.25.
Chicago Livestock Market.
CHICAGO. June 3. tU. S. Bureau of
Markets.) Cattle 8000; beef steers and
butcher she stock, steady; top steers,
$9.25; bulk, $7.8508.50; fat cows and
she stock, steady; top steers, $9.25; bulk,
$7.85 0 8.50: fat cows and heifers, $3,250
6.73; bulls and calves, strong to 25c high
er; canners and cutters, $2.50 0 3.75; bulls,
mostly $4.500 6; veal calves, largely $8.75
09.50; stockera and feeder steers, weak
to 25c lower.
Hogs 25,000. active and steady to 10c
lower; lights orf most: top. $S10: bulk,
$7.650 8: pigs, 10c to 20c lower; bulk, de
sirable. s
Sheep 8000, steady; lambs steady to
35o higher; advance chiefly on springs:
top native springs, $13.2.1 to packers; bulk,
112.10013; culls, largely $707.50; Call,
fornia springs figure 35c higher at $13.63.
Omaha Livestock 3Iarket.
OMAHA. June 3. (U. S. Bureau of Mar
kets.) Hogs 7500, mostly steady to
strong; bulk 180 to 240 pounds butchers.
$7.400 7.65; top. $7.75; bulk butchers 250
pounds and over, $707.33.
Cattle 2O00, beef steer steady: top
steers, $8.40; she stock steady to weak;
other classes steady.
Sheep 1000. lamb slow to 23c higher;
earlv ton California spring lambs. $13.10:
wooled lambs, $11.75; sheep and feeders
steady.
Seattle Livestock Market.
SEATTLE. June 8. Hogs steady, no re
ceipts, quotations unchanged. Cattle
weak, receipts 65, quotations unchanged.
EXPORT BUYING SLOWER
LARGE WHEAT OFFERIX-GS TO
KCROPE NOT ACCEPTED.
Chicago Market Drops After July
Touches Hig-h Point of Season.
' September to Be Traded In.
CHICAGO. June 3. Sharp setbacks in
the price of 'wheat took place today after
the market haa touched new nign record
quotations for the July delivery. Slowing
down of export business counted as a bear
ish factor and -so, too, did ideal weather
conditions. The finish was heavy at 34
to 34c net decline, with July $1.37 to
$1.37 . Corn lost 1 to 2c and oats
to lc. In provisions, the outcome varied
from 2Hc decline to 5c advance.
Wheat values began to break as soon
as the opening figures were posted, show
ing that the season's nign price recora naa
again been outdone. It was said that
large offerings to Europe overnight had
not been accepted, and that Italy would
need only 40,000,000 busheds of wheat this
season as against 110,000,000 bushels
Imported last season. Some eastern buying
on the declines cause a one aeciuea rnuy.
but the effect was more than counteroai-
anced later as a result of arrangements to
start trading in the septemoer delivery
here without delay.
Corn and oau were depressed by a re
newal of large receipts of corn. The ar
rivals of corn were estimated to total 700
"provisions averaged a little lower In
sympathy with grain and hogs.
Th Chlcaaro market letter received yes
terday by the Overbeck ft Cooke company
of Portland said:
"Wheat "Heavy prom-iaaing selling; Dur
ing the forenoon was well absorbed ana
,h mirk riisDlaved a tendency to re
spond to bullish news Items, but again to
ward tne close selling became general, In
fluenced by the announcement that trading
would start In September wheat. The re
cent strength In July has been due In part
to the persistent buying by exporters
against sales for deferred shipment, while
the inauguration of another trading month
would split up the hedging purchases and
thereby relieve or eliminate the possibility
of congestion In tne juiy delivery, i ne
cash situation today was stronger than
.u.i. with contract arades on spot in Chi
cago being aa high as 2S cents over July
nricw. ftffalnst 20 cents premium yesteraay.
Outside etish markets were correspondingly
strong, Minneapolis ana jiansas ny re
porting the most active aemana rrom mm
r witnessed In many months Advices
from the seaboard as to the foreign demand
were mixed, some claiming aisincunation
to follow the advance, while on the other
hand there was evidence In the pit of buy
ing for export Interests Crop news has
lost Its Influence on the market and at
tention Is now being given to the possi
bility that the initial movement of new
wheat will be to the gulf rather than to
this market.
Corn Large receipts apparently ever
shadowed everything else and In the ab
sence of adequate outside buying to ab
sorb selling against country purchases and
by longs, the market sagged irregularly
throughout the session. Some disappoint
ment was expresses at tn. absence ot rresn
export buying, which was expected to
mak. its appearance today. Offerings of
new Argentine corn are now said to be
oulte liberal, although private advices
showed no pressure on Argentine markets.
which have been exceedingly strong for
several days. Bullish sentiment is being
tempered by the present heavy movement
from the country, but will probably assert,
Itself again when receipts Ian off within
the next few days.
Oats Liquidation was the feature In
this market as in other grains Country
offerings to arrive were moderate and al-
hough spot prices were slightly lower, the
trading basis was li to cent better than
yesterday, crop reports were unimportant.
Rye Had an easy tone, due to the ab
sence of eastern demand, which Das been
'la evidence for several daja, Tlie ma
market was relatively firm, nelped by
fair demand from millers.
Leading futures ranged aa follow:
WHEAT.
Open.
High.
$ 1.414
Low.
1.36
Close.
July... $ 1.40
1.37
CORN.
.664 67 .65 .63
.68 .68 .6674 -66
OATS.
.42 - ,42 .40 .41
.4374 .4374 ,.42 42
MESS. PORE.
1T.1
LARD.
63 9.63 S0 8 BT
9.92 9.97 9.83 9.90
SHORT RIBS.
S.70 9.77 967 .7T
10.00 10.05 B.95 10.05
July..
Sept..
July..
Sept..
July..
July..
Sept..
July..
Sept. .
Cash price were:
Wheat No. 2 red,
harrf. II RRlil AKi4.
1.611.62; No.
Corn No. 2 mixed, 63 066; No.
yellow, 66 0 66c.
Oata--No. 2 white, 404Mlc; No.
white. 4O04OC.
Rye No. 2. $1.53.
Barley 64 0 70c.
Timothy seed $4.5063.
Clover seed $13018.
Pork NomlnaL
Lard $9.32.
Ribs $9. 12 010.12.
Minneapolis Grain Market.
MINNEAPOLIS, June 8. Cash wheat.
No. 1 northern. $1.56 1.66 ; No. 2.
$1.511.56; No. 3, $1.4101.51: No
1 dark northern. J1.61 C 1. 10 -, ; no.
$1.5674 01.6674: No. 3. $1.44 01.6674 : No.
1 red soring. 11.51 a W l.os it : no. z, i. l
01.51; No. 8, $1.89 01.46; No. 1 dark
hard Montana. $1.64 01.68 ; No. 1 hard
Montana. $1.60 01.64.
Flax No. 1, $1.91 01.83. uaney.
49 0 65c
Futures Wheat. July, $1.364.
Primary Receipts.
CHICAGO. June 3. Primary receipt
Wheat. 1.033.000 bushels against 509.000,
000 bushels. Corn. 1.633,000 bushels against
650.000 bushels. Oats, 848,000 busbels
aarainst 410.000 bushels.
Sh Dments -- Wheat. 77O.0OO Dusnei
against 1.353,000 bushels. Corn. 1.450.000
bushels against 363.000 busnels. uam, out,
000 bushels.
Holiday at Winnipeg.
WINNIPEG. June 3. Holiday: king'i
birthday. 4
Grain at San Francisco.
SAN FRANCISCO, Cal., June 8. Grain
Wheat, feed, $2.3502.60; milling. $2.35
2.80; barley, feed, $1.20 01.25: shipping,
$1.3501.43. Oats, red feed. $1.6001.60.
Rye, nominal. Corn, white Egyptian.
lz.3O02.4u; rea mno. fz.iu0z.ia.
Seattle Grain Market.
SEATTLE. June S. Wheat Hard white,
soft white and white club, $1.33; hard red
winter, soft red winter, northern spring
and eastern red Walla, $1.32; big bend,
biuestem. $1.38.
City delivery: Feed Scratch feed. $.11
per ton; baby scratch feed, $67: feed
wheat, $55; all grain chop. $42: oats. $39
roiled oats, $41: sprouting oats, $44; whole
barley, $39: rolled barley, $41; clipped bar
ley, I4H: milled feed, $32; bran, $30; whole
corn, 4ii; cracKed corn, $42.
Hay Alfalfa. $24 ton; double compressed
alfalfa, $31; do timothy, $33; eastern Wash
ington mixed, $30; straw, $24.
HOSPITAL BIOS RECEIVED
Offers of 20 Contractors for Idaho
Job Considered.
BOISE, Idaho, June 3. (Special.)
Twenty contractors' bids were opened
today In the office of the commission
ers of public works for the criminal
ward and receiving hospital to be
built at the hospital for the Insane at
Blackfoot. All bfds were taken under
consideration, pending the return of
Commissioner Hall and P. L. Neil, who
are away from the capital at present.
On the face of the bids the lowest
Is that of H. W. Baum of Salt Lake
City, who erected the buildings at
Camp Pike, Ky., early In the war.
His bid was $93,800 for both buildings
complete, and he offered to reduce
this by $500 if he were awarded the
contract for the new hospital building
at Orofino. The second lowest ap
peared to be that of F. W. Spencer of
Salt Lake City, $93,900 for the build
ings complete.
HOTEL AIM DISCLAIMED
Washington University Regent Re
plies to Seattle Critics.
TACOMA, Wash.. June 3. (Spe
clal.) "The board of regents is not
In the business of building; hotels,
declared John A. Rea, president of
tne board of repents of the Univer
sity of Washington, today and added
that the second attempt of Seattle
financiers to force the board to com
ply with the request for an extension
of the Metropolitan building: lease, Is
doomed to failure. Seattle men want
ed the present 19-year lease on the
Metropolitan theater site extended to
50 years so that a $3,200,000 hotel
might be built in Seattle. Failure of
the regents to extend the lease has
aroused a storm of abuse in Seattle.
Even recall of the members of the
board has been advocated in Seattle
newspapers. Mr. Rea, who makes his
home in Tacoma, would not comment
on this phase of the controversy.
COWLITZ HERD IS BURIED
Body of Sergeant Martin Interred
In Portland Memorial Day.
KELSO, Wash.. June 8 (Special.)
The. body of Sergeant Thomas F.
Martin, who enlisted in the army
from Sandy Bend, Cowlitz county, ar-1
rived in Portland Sunday, and inter
ment was made there Memorial day.
His mother, Mrs. Leander Martin, is
now a resident of Portland.
Martin was a member of the 147th
field artillery and served in the major
engagements of the Aisne-Marne,
Oise, Alsne and Meuse-Argonne. and
in the defensive sectors of Toule and
Alsace. He died at Gondrecourt of
bronchial pneumonia while awaiting
orders to return home after the sign
ing of the armistice.
Mrs. Martin received a croix de
guerre, awarded to her son for dis
tinguished service some time after
his death.
BIG CLASS IS GRADUATED
64 Students In Centralla Hlg-b
School Get Diplomas.
CENTRALIA, Wash., June 3. (Spe
cial.) Commencement exercises for
the 1921 class In the Centralla high
school were held last night at the
school auditorium, when 64 graduates,
the largest class in the school's his
tory, received diplomas. Dr. A. C.
Roberts, president of- the Centralla
State Normal school, delivered the
commencement address, his subject
being "The New Aristocracy." Irma
French and Lucile Clark were saluta
torlan and valedictorian, respectively.
Today marked Ue close of the
school year In Centralla, and within
tbe next few days most of the teach
ers will leave for their homes. Dur
ing the vacation period work will be
started on a new Lincoln school, to
cost 860,000, and a (10,000 manual
training; building.
Aberdeen Arrests 23 7 In Jlonth,
ABERDEEN. Wash., June 8. (Spe
cial.) A record for arrests, fines and
forfeitures was set here In April that
the police are finding hard to break.
The police report for May, Just com
pleted, shows that 216 persons were
arrested, against a total of 237 for
the preceding month. May fines and
forfeitures .were 82787.70, against
$2914.55 for April. Arrests for drunk
enness In May topped the column, 109
arrests having 'been made on that
charge. This was an Increase of
eight over April. Listed by nationali
ties, natives of America outstrip other
peoples four to one.
ELECTION FQ1S HELD UP
BUD-GET IAW VPSETS PLAXS
TOR SCHOOL EIECTIOX.
Blanks Will Be Sent Out tn Three
Weeks, bnt Balloting; Will Be
Pclayed Another Month.
SALEM, Or, June S. (Special.)
The procedure for levying special
taxes by many school districts in Ore
gon at their annual meetings in June
this year, was upset by the passage of
the so-called budget law at the last
session of the legislature.
Under the new budget law, as Inter
preted by J. A. Churchill, state super
intendent of schools, school districts
of any class, when levying special tax,
must first call together as many lax
payers as there are school directors
in the district, and prepare the budget,
together with the amount of tax it is
proposed to levy.
This budget, together with a notice
of a mass meeting to discuss the esti
mated expenditures, must then be
posted for a period of 20 days. At the
expiration of the 20-day period the
mass meeting must be held. The tax
levy then may be submitted to the
approval or rejection of the voters.
Mr. Churchill said it was his opinion
that many school districts in Oregon
contemplating tha levying of a special
tax at their annual meeting- this
month will have to delay action until
such time as they receive new forms
giving notice of the school meeting.
new budget blanks, notices for mass
meeting, and other such forms needed
to comply with the budget law.
The state superintendent said It
would be two or three weeks before
he could send out these blanks, which
coupled with the posting of the no
tices of the mass meeting for 20 days,
would delay the elections for at least
a month.
SOLDIERS' BODIES HOME
Young Men Who Lost Lives In War
Brought Back for Burial.
CEMTRALIA. Wash.. June J (Spe
cial.) The body of William T. Mul
laney, who died at Baxolllos. October
22, 1918. of wounds received in the
battle of the Argonne, arrived at his
home in Tenino last night. William
T. Mullaney post. American Legion,
named for the soldier, had charge of
the funeral arrangements. Youna
Mullaney was born in Tenino April
au. ik 1)6.
The body of Thomas B. Dell, who
died at Dijon, in February, 1919, of
aipnmena, arrived at his home In
Dryad last night The funeral will be
held Sunday, under the auspices of
the legion. The soldier was 19 years
of age at the time of his death.
War on Thistles Begun.
EUGENE. Or., June 8. (Special.)
DAI Y If METEOROLOGICAL BEPOKT.
PORTLAND. June 8. Maximum tempera
ture. 73 degrees; lowest temperature, JU de.
grees. Klver reading. 8 A. M, rect.
Change in last 24 hours, 0 1- foot fall. Total
rainfall (ft y. M. to S P. M. ), 0 17-Inch.
Total rainfall since September 1. IHI'0.
44.76 Inches. Normal rainfall since Septem
ber 1. 42.34 Inches. Excess of rainfall since
September 1, 1I20, 2.42 Inches. Sunrise, 4:22
A. M. Sunset, i.M P. M. Total sunshine. 8
hours 1 minute. Possible sunshine. 15 hours
83 minutes. Mooneet Saturday, 6:17 P. M.
Moonrlse 8unday. 4:13 A. M. Barometer
(reduced sea level ). 6 P. M.. 20.88 Inches
Realtlve humidity: S A. M., DO per cent;
noon, 80 per cent; ft P. M.. 61 per cent.
THR WBATHRR.
w3 p: "2 1 -
STATIONS, il 1 i; J 2 Weather.
33 2-4 o
So : ;
limicr i 4b 74 o.ou .. be, i't. c.ouuy
Holes I Bil SO.0.O0..H Cloudy
Boston I Soio.liolli' SW Cloudy
Calgary .... 40 SH0.0M2SB Clear
Chicago A HN'O.alll NK Clear
Denver 114 74 '0.001.. NE Clear
!es Moines., ftfl 72,0.00.. NE Clear
Bureka 40 8X10. 00 .. N W Clear
Galveston .. 7 8l'0.00 . . SB Clear
Hrlena 4H 8N0.00..NE Cloudy
Juneaut 4'J 174 0.00 . . 8W Clear
Kansas City U4 70 0.00 10INB Pt. oloudy
Los Angeles ftA 660.0O..ISW Cloudy
Marshfield.. 2 6M;0.00 ..IN'W Ft. cloudy
Medford .... ft" 70 0.00 .. NWIPt. cloudy
Minneapolis 62 66 0.00 lOi.NW Pt. cloudy
New Orleans H 2!0.8I..H Pt. cloudy
New York .. ft'J 74'0.00;20iSW Clear
North Head 62 6K 0.00 . . W Cloudy
Phoenix H 8NI0.0O . . NW Cloudy
Pocatello ... 4A 7Mr0.0O . . SB Cloudy
Portland 60 73 0. 17 .. NW Cloudy
Roseburg .. 6S 80l0.08..V Pt. cloudy
Sacramento 64 80 0.011114 S Clear
St. Louis.... 70 84 0.00.. .V Clear
Salt Lake... B8 84 0.0o..W Cloudy
San Diego ... 68 6rti0. 001. . SW Cloudy
San Fran.. 64 64 O.OOllOlsW Cloudy
Seattle 64 6410.011 . . IN Rain
Sltkat 17410.001. .)
Spokane 68 82 0.001.. B Cloudy
Tacoma 68 64 0.041. . NW cloudy
Tatoosh Is... 60 680.1012'NB PL cloudy
Valdert 43IJ 10.001. . SW Pt. cloudy
Walla Walla 68) 88 0.00; 10) B Cloudy
Washington 6'i 82 0.00 . ..SW Cleas
Winnipeg... 32 600.00. .IW Clear
Yakima f 64 00 0. 0(l . IS W Cloudy
tA. il. Lodny.
y..
P. M. report preceding
FORECASTS.
Portland snd vicinity Probsbly showers;
westerly winds.
Oregon and Washington Saturday,
showers; moderate westerly winds.
EDWARD I.. WBl.lyS, .Meteorologist.
at 95
To Yield over
20-Year 72 Gold Bonds
Republic of France
A Non-Callable External Loan
$1000, $500, $100 Dens.
The great financial strength of France and the thrift of her people
are proved by the fact that she has reduced her external debt by
8540 000.0U0 during the last seven months. Her ability Is being
strengthened by rapid restoration of devastated agricultural and
mining areas.
LUMBERMENS
Iku s t Qn-Ji3rr -BANK
We own and offer
Government of the
FRENCH REPUBLIC
20-Year 72 Gold Bonds
Dated June 1, 1921 Due June 1, 1941
Denominations $1000, $500 and $100
at 95 and interest to yield over 8
This issue is non-callable.
Details furnished upon request.
gf.pevereaux fr(5mpany
INVESTMENT BONDS "
Portland, Or.
A formal order declaring all Lane
county to be a weed control district
was made by the county court yester
day, following the suggestion of th.
agricultural council of the Lane
county Pomona grange. The district
Is created to destroy the Canadian
thistles, and prevented their seeding
and spreading, says the order. The
county fruit inspector Is ordered to'
enforce the provisions of the law.
Brownsville Exercises June 7.
BROWNSVILLE. Or., June . (Spe
cial.) The commencement exercises
of the senior class of the Brownsville
high school will be held at the Pres
byterian church on June 7. Dr.
Varney of Oregon Agricultural col
lege will make the address and
Horace Coshow and Ruth Beatty will
give the class orations. Rev. J. E
Snyder of Corvallls. assisted by Rev.
M. S. Woodworth, will have cbargo
of the baccalaureate service Sunday,
and A. H. Weber of the Brownsville
schools will give the class day ad
dress. Arthur Kean Is president of
the class, and Ruth Beatty Is winner
of th. scholarship. The members of
the class are Dorothy Holbrook. Etta
Lateub. Olenda Rosa, Kstella Smith.
Florence Davis, Ruth Beatty, Urace
Matlock, Kathleen Tower, Haiel
Schick. Elsie Hults. Vlolette Gluni.
Horace Coshow, Arthur Keen a,nd
James Calloway.
Flagpole Misses Several.
VANCOUVER, Wash., Jun S.
(Special.) A flagpole on a building
at 310 Main street was blown from
the roof in the rainstorm last night.
It happened that the men standing in
front of the building were close to
the wall to get out of the rain or
some would have been hit. One end
of the pole dropped through an auto
mobile standing by the curb, but no
one happened to be In It at the time.
The pole had apparently rotted off
at the base.
Oregon Men, la Ilawall.
HONOLULU, T. It.. June 8. (Spe
cial.) There are a number of Oregon
men In the 66th artillery regiment,
which arrived here from Camp Lewis,
Wash., bringing 25 t-inch rifles
motorized. The regiment is In com
mand of Colonel Frank B. Edwards,
who was constructing quartermaster
here In 1910-12.
French
Government
20 Ymti 7Vi N'on
callable External Gold
Bonds.
Pate. Jnae 1. 1021
line June 1, 1IM1
Price 95 and Int.
As a protection to Invest
ors f9.0 0 0.0 0 0 per an
num! will be set aside for
five years for purchasing
those bonds which may
be offered on open mar
ket at not to exceed par.
If you cannot call,
wire or telephone
at once.
CLARK-KENDALL
Cr CO.. INC.
riflhond Stark Streets
GOVtRNfl IMT-MUN ICI PAL CORfWAnON
BONDS
Swift & Company
Colon Stock Yard. Chicago
Dividend No. 142
Dividend of TWO DOLLARS (SIM) par there on
the capital stock of Swift Company, will b.
Said en July 1. 1821, to stockholders oi reeord.
an. 10, 192L as abowa on th. book of the
Company. . ., . .
70
tiirM lift
I Yielding Over ji
I
r I
TPli
art