Morning Oregonian. (Portland, Or.) 1861-1937, June 10, 1921, Image 21

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Morning Oregonian., June 10, 1921, Page 21, Image 21

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Newspaper Page TextTIIE M0RXIX6 OREGOXIAN, FRIDAY, JYTST& 10, 1921 21 DHEGOfJ WHEAT CROP IS ABOVE AVERAGE Yield of 22,000,000 Bushels - Is Estimated This Year. I weather and It is feared that unless there U a rain on the brry aeaaoa will b anon. Cantaloupes were plentiful but did not J move briskly. Prices were unchanged at 4.30fi5 a crate. Among; the cherry arrivals was a ship ment of Bines of fine quality from south ern Oregon, which sold at 22c a pound. A straight car of Mississippi tomatoes arrived and they were put on sale at 3 a crate. GRAIN HAS GOOD STAND ULL CLASSES ARE LOWER LIQUIDATION AVD PRESSCRE FROM BEARS HIT STOCKS. World'i Shipments Lighter. World wheat shipments last week and (or ths nine week last year were: WlcEnd'g Wk. End's; June 4. '21. Junes':!. .. 9.O.1S.0O0 4.4?rt.OOO .. 1.O1H.0OO T,T2'-O00 . . 2.&HJ.0O0 1.124.4HH) rrnit Prospects Are Favorable Except for Prunes and Peaches; Hujr in Good Condition. Battmatea of sereaxe and condition and forecasts of production of the principal erops in the state of Oregon for the year 1921, baaed on June 1 conditions, also the ten-year average, have Just been issued by ?. L. Kent of the bureaa of crop es timates as follows: Winter wheat . 1021. 10-vr. av. Acres 710OOO 620.000 Condition 99 0 8.4.0 . Bushels 16,870.000 13,826.00 Sprinc wheat Acres 300.000 273.000 , Condition 95.0 64.0 Bushels S. 130.000 4,271,000 ' Oats , Acres 31.000 SS4.000 - Condition 910 Ofi.O - Bushels 11.528.000 12.76S.0O0 " Barley . Acres 74.400 128.000 - Condition 9?i 0 04 0 Bushels 2.641,000 4,010.000 I Rye . Acres 41.000 20.000 . Condition 102 0 9 0 Bnshels 621.000 409.000 Hay (tame Acres 900000 80S.O00 . Condition 100 0 9.V0 Tons 3.070.OOO 1.603.00(1 Applea condition ... !0 0 RS 0 , Peers, condition ... 7S 0 79 0 . Peaches, condition.. 00 0 70.0 17. S. and Canada. Arrentina Australia Total 12.S70.000 1S.S12.0O0 Shipments for the season to date com pare as follows: Total Since Same Period July 1. '20. Last Season. U. S. and Canada. .411. srvn.ono 272.R71.ooo Argentina 79.025.000 Australia 72,r.S2.0OO Others 10.7S8.000 Losces Range From 1 to 7 Points; Bond fcrket Is Irregular; , Money Rates' Easier. 224.0S0.OO0 88.no2.nno 1.842.000 Total 573,704,000 588,205.000 Cube Butter Market Firm. Cube butter attain sold at 28 cents yes terday, but the demand was strong, indi cating a higher maraket In- the next day or two. Prints went out at the new ad vanced quotation and moved fairly we 11.- The egg market was firm at 23 .cents buying price. Receipts "were Ight. Poultry and dressed meats were weak at previous quotationa NEW YORK, June S. Liquidation and professional pressure hit stock quotations today. Leaders dropped one to three points and many apeculatlve Issues for leited two to seven points. In many instances, notably steel, equip ments; fertilisers and chemicals, minimum prices were the years lowest. united States Steel, at 764, came within a small fraction of its) low level in - almost two years. Sales were 800.0OO shares. The reversal progressed to the heavy close. Primary factora included Increased demoralization in foreign : exchange and Mexico's proposed heavy export tax oila Continued contraction of operations In the steel and motor industries, additional price-cutting and more dividend omissions provided the aggressive shorts with fresh ammunition Money on call was easv. ooeninr at 4H4 per cent, the minimum- initial rate of the last fortnight, and easing to 6 per cent in the last hour. In the open market free offerings were made at as low as 6 per cenf. Tune funds were closely held, ex cept for prime collateral. Exchange on London broke to $3.69. or 6 cents below yesterday's final quota tion and slightly more than 30 cents be low the high of three weeks ago.- Con tinental remittances suffered extreme losses Mr. Kent's report says: Grains Winter wheat conditions are very promising. Much of the acreage in the earlier districts is fully headed, with I a thick stand and good color. Better than normal condition is reported from some of . the countiea Condition of the crop gen erally is better in the eastern than In the - western counties of the state. Spring , wheat, oats and barley were sown later than usual on account of unfavorable spring seeding conditions and while not . particularly suffering from lack of moist ' are would be materially helped by a good , caln. i. . "Hay Hay crops generally are ra good ' condition. Clover fields will probably I average up better than usual. Several "growers have reported seeing the best fieldo within their recollection growing this season. Some aphis activity has been reported on the vetch crop. Grass and weeds are reported as occurring in some rf the -alfalfa fields. "Tree fruits With the exception of prunes and peaches the Oregon crop will probably be about equal to last year. Hood River la expected to produce a record crop of apples and southern Oregon should have a considerably larger crop than last year. Young apple orchards in the Willamette valley should also produce more heavily than last year. Pears do not show up quite so well as last year and It Is prob able that the crop will be somewhat lesa 'Western Oregon cherries will be less than last year, but The Dalles crop promises much larger than a year ago. "Small fruits Strawberries are becom ing very plentiful in the markets at a very unsatisfactory price to the growera The canneries are not taking their usual wuantiUes and with a crop larager than for some .years the disposal of the same is a problem. Loganberries promise a good crop and a fair market is expected. Other small frntta give promise of better than aa average .crop. SEASON'S WHEAT CABBY-OVER BIG Dealers Estimate Quantity at 5,000,000 to 7,000,000 Bushels. The wheat market was firmer under the Influence of the eastern advance, but there was not much activity at any point. The large buyers were reported out of the market and offers to sell by farmers were light. Bids were advanced 1 cent at the Merchants' Exchange on hard white, soft white, white club and northern spring. Jt is evident that the carry-over this season will be larger than last year, par ticularly the amount of wheat left unsold la farmers hands. Estimates of the amount remaining by the end of the month range from 6,000,000 to 7,000,000 bushels. The coarse grain market Is very dull. No. 2 corn for June delivery was 50 eats lower. Oats bids were unchanged. John Inglis wired from Indiana: "Evans vtUe to Washington, raining; wheat stand so thin it does not lodge; heavy1 spots: crop very light; sain will help oats and corn." Le Count wired from Terra Haute: Think wheat In this territory will av arage 15 bushels per acre. Needs two weeks more favorable weather to mature. Corn looking fine-; general oonditioa oats not very promising." Argentine shipments this week were 875,000 bushels wheat, 1,000.000 bushels aorn and 140,000 bushels oats. Terminal receipts. In cars, were re ported by the Merchants exchange as tollows: Portland Bank Clearings. Bank clearings of the northwestern cities yesterday were as follows: rieariners. Balances. Portland ,$-. 1015,773 $4."5,446 of 8 to 35 points but rallied sharply-with Seattle 4.l"tt.o:i7 4.i j i sterling Deiore the close. Tacoma 472.520 . H2,0."2 I Interest in the bond market centered Spokane l.SHS.tfuO ojO.iOS mainly in the state of New York gold bond ottering, lor which many large bias were reported from banking syndicates. Mexl can issues eased as a result of the break In oils and Eurorjean flotations were ir regular. Most domestic bonds reflected slightly the heaviness of stocks. Total aales, par value, were $16.450, 00. CLOSING STOCK QUOTATIONS.) (Furnished by Overbeck & Cooke com pany, rortiana.) Sales. ano i0 POKTLAXD MARKET QrOTATIOXS Grain. Floor and Feed. Merchants' Exchange, noon session. Bid- Wheat June. July. Hard white Soft white . ... 1.34 White club 1.3S Hard winter 1.30 Northern spring 1-31 ... Keel Walla 1.28 Oats No. 2 white feed 20 00 No. 2 gray 20.no Millrun 31.00 Com No. 2 E. Y.- shipment 31.00 No. 3 E. Y. shipment 30.00 FLOUR Family patents, $8.60 per bar rel: whole wheat. $7: graham, I8.S0; bak ers' hard wheat. $8 25 ; shakers' bluestem patents, $7.75; valley bakers' $7.25; straight $.7.25. MILLFEED Prices f. o. b. mill: Mill run. $33 per ton; rolled barley, $37&30 relied oats. $40; scratch feed, $52 per ton. CORN Whole, $41; cracked. $44 per ton. HAY Bulling price t, o. n. Portland 20.00 I 2S.0O Alfalfa $18 per ton: cheat, $2282S per I Am Loco Advance Rum. Agr Chem . Ajax Rubber.. 300 28.00 Alaska Gold.. 1,700 AiasK Juneau. loo 32.00 Allis-Chal .... 800 ao pia Am Beet Sug, 300 Am Bosch . . . KO0 Am Can 1.600 do pid 200 Am Car A F.. 600 do pfd Am Cot Oil. .. 700 Am Drug Syn. 600 Allied Chem.. e.SoO Am Hide & L. ' 200 do pfd 200 Am Ice ".. Am lntl Corp. 12,700 38 Am Linseed.. 200 25 ao pia . . High. 13 Vt 41 28 1 ' 82 .'SO 14 ' 3N44 -281, 124" 'is" 5 39 44 ills 50 Lo.w. 1314 8514 26 14 ' 1 32 'so" 38 27 12314 'lix 5V4 88 1114 50 34 25 ton; clover. $10 per ton; valley timothy, $24; eastern Oregon timothy, $26. Dairy and Country Produce. "RTTTTER Cubes, extras, 28c per pound nrlnt. narchment wrapped, box lots. 83c cartons. 34c Butterfat, buying price: A grade, 27c; B grade, zsc, fortiana ae- liverv EttGS Kuying prices, case count, jc delivered. Jobbing prices to retailers: Candled ranch. 25c: selects. 28o. CHEESE TlllamooK triplets, price to jobbers f. o. b. Tillamook, 19c; Young Americas. 20c pound. POULTRY Hens. 15-20c pound; ancles. young, 40c; geese, nominal; turkey a nominal. PORK Fancy, 13c per pound. VEAL Fancy. 13 14 14c per pound. Fruits and Vegetable. FRUITS Navel orances. $4.75 6.25 per box; lemons, $5.258.50; grapefruit. MB 10 50 ncr box: bananas. 914 010c pound; nnnl.M 11 MI4 3 Der box: strawberries, Or egon. gl.SOfH.75 per crate: cnernes, i i-., nmmH - mntHlaunM. standards $5.00; do. ponies. $4.50; poaches, $28254 ier box: watermelons. 6(5 7c per pound; gooseberries, 5i?f0c per pound. VLUSTAU1.1S3 IHDDage, V rmund: lettuce. $222.75 per crate; carrots, $3 per sack; garlic, 20c per pound; beeta $1.5093 per sack: green peppers. 35&45C per lb; rhubarb, 5a14c per pouno; spin- do pfd Am Saf Razor Am Ship & C. Am Smelter . . do pfd Am Snuff .... Am Steel Fdy. Am Sugar ... do pfd Am Sumatra.. Am T A T Am Tobacco.. do B Am Wool . . .. do pfd do P pfd... Am Zinc Anaconda .... Assd Oil Atchison do pfd ..... At G & W I. .. 20.900 Baldwin Loco. 19,300 do pfd 100 Balto A Ohio. 8.200 do pfd ..... Beth Steel B. 18,100 Booth Fish... B R T Butte C Z. Butte & Sup. . Caddo Oil ... 1.10O t'al Packing. . 800 Cal Pot 2,100 do pfd 100 Can Pac 9o0 Cen Leather.. 2.300 Cerro de P... 1.100 2,300 62 14 81 1.800 8O0 4.000 800 30 1.300 5,000 1.900 5,800 3.200 2,500 300 9.300 ' s o'o 100 4,200 400 1,200 100 1,500 400 ach. 614o per pound: turnips, (292.50 Thand Motor.. 2.5O0 .... - ,.m.tu. t 7 F. nee box: cu- 1 t.hl & N W umbers. Il.'i.ltl per aosen: pa. iwi"i " ' 121.C per pound; asparagus, $22.25 per no pro box: beans. 12 "A (9 1 7 ic. i.""1 -P POTATOES Oregon. I1T1.IW per im i" V" pounds: Yakima. $1.50 1.75: new Califor nia. 4 5c per pound; sweet potatoes. $3.75 Der crate. OMUiNS ureron, aeri per sacu; now crop. Whits Bermudas, $1.75 per crate. C M St P do pfd Coco Coia . . .. C. & O Colo F A I Colo Southern. Colo G A a... Col Graph ... con Gas Staple Groceries. T.mal tnhhinff OUnt&tionS: SUGAR (sack basis) Cane granulated. Con Clsars. 7.50c per pound; beet. 7:30c per pound. NUTS Walnuts, auitfjao pou.io, iwhn nuts. 30c; filberts, 12c; aimonos, o-.iuc; peanuta Sfirllc pound; cocoanuls, $1.?3 ner dozen. RICE Blue Rose. 6c per pound; Japan style, 4c per pound. BEANS Small white, Bc; pin, in; lima, 7Hc; red. 10c per pound. 100 200 300 2. loo 5O0 2.100 1,700 500 1.300 100 BOO 6.000 1.500 5 8 3014 75 104 28 'ssS 104' 122 122 74 'so 8 3K14 98 80 '34 78 39 50 53 'ii.v 454 'l2 56 39 75 111 S814 26 61 64 17 17 11 24 40 27 57 '35" 58 6 85 5 8 37 74 102 27 76 '57" 104 121 120 72 '30'" . 8 37 95 79 '32 75 '37 50 51 'ii 4 '12 56 3S 75 110 35 2514 58 63 1" . 17 10 ' 24 26 . 39 O - 58 '34 55 84 Bid. 12 36 26 1 81 . 72 80 38 27 Sl 124 110 17 6 "ii' 50 50 84 24 60 82 100 5 . 8 87 74 77 91 57 104 121 -. 73 95 29 8 37 nu 79 75 32 76 95 37 49 52 3 1 4 12 1 56 38 110 30 25 59 64 17 17 10 23 8 39 do pfd ..... 300 47H 47 St L & S F.,-. 1.500 23 2114 Strom Garb... 200 35 ' ' 35 Studebaker ... 3,500 71' 69 Swift St Co. Tenn C ft C. 300 8 8 Texas Oil 2.100 33 32 Texas Pac 2.30O 22 21 Tex P C & O.. 15,000 22 21 Third Ave ... Tob Prod . - ItOOO 54 63 Tr Contl Oil.. .700 8 7 Un Oil Del.... -2.400 20 18 Union Pac ... 1,700 117 116 United Alloy.. 300 22 22 United Drug-. 600 8S 88 Untd Fd Prod. 2.200 18 17 United Fruit.. 900 106 J05 Utd Rds N J... 1 do pfd TJnt Rtl Stores 1.600 56 55 U S Ind Ale. 3.1100 60 58. V S Rubber... 10,200 60 57 do pfd 200 96 95 US Smelting. 500 32 31, U S Steel 79,100 78 76 do pfd , 900 J.07'4 106?4 Utah Cop .... 1.800 51 47 Va Chem 2.8O0 29 26 Van Steel .... 3.9O0 28 27 Vlvandou 300 7 7 Wabash 500 7 7 do A pfd... 2.400 ' 20 20 do B pfd..- 00 ..... Wells Fargo., ...... ...... - West Pac 300 ..... '. do pfd ' . ..' . West Union... ..... Westh A B. ... Westh E & M. 800 46 45, West Md 1,000 9 9 White Motors. 700 34 33 ' Wlllys-Ovld .. 2.000 ' 7 7 do pfd 100 Wilson Pack.. 100 SS 32 Wis Central. .. : Woolworth Worth Pump.. 800 48 45 W & L E..... 1.400 9 8 BONDS. TJ S 2s reg 100 IN Y C-deb 6s.. do coupon ..99T4IN P 4s g-IBUlG SENDS WHEAT--IIP 95 ' 8 3314 21 2114 14 - 63 7 T 115 is 17 106 20 65 69 57 '94 31 76 106 4K 26 27 7 7- 20 14 59 26 .61 88 91 45 9 JULY DELIVERY ADVANCES NEARLY XLXE CEXTS. Government Crop Report and Pre. dictions' of Strike Influential Factors; Gain Later Reduced. a S 4s reg '104 N P 3s do coUDon . 104m !Pac T i Pac T 4 T 5s. ..'83 Pan 3s reg.. ...78 IPa con 4s... do coupon ...79 IS P cv 6s A T & T cv 6s. 97:So Ry 5s Atch gen 4s. .. 74 U P 4s D A R G con 4s 63 U 8 SJeel 5s.. .Bid. Liberty Bond Quotations. Range of liberty bond quotations, fur- CHICAGO, June 9. Continued buying shot wheat-prices upward 8o today, but the effect was largely transient. Demand was due for the most part to reports of a possible big railroad strike July 1 and to the government crop report, that the winter wheat yield would be curtailed 51.000.000 bushels. The market closed un settled to ac net ntgner wna jm Il SMUai 35 .nrt S..nlinhpr 1 1.17B 1. 17 . Corn lost c to lc and oats c'to c. Bullish aspects' of the government re port brought about a decided upturn when the wheat market opened. Rushes to buy were held In check by new breaks' In foreign exchange and because of weakness In the stock -market. Then gossip circu lated that railway employes were dis- cussinr a general tie-UD and that tne con- 84 (sequence might be great difficulty in the Mi I delivery of wheat on contracts, especially during July. Shorts took alarm ana am ...7 qui miuu mauiiix UIH I IIIC limine 2 July had gone to $1.40, a level within Subsequent downturns were apparently due to profit-taking by holders and to advices from Springfield that proposed antl-oit legislation was again a factor. Railroad strike prediction were bearish as to corn, although bullish aa to wheat, the reason being that terminal stocks of corn are heavy, whereas the wheat supply Is light. Oats were depressed by the gov ernment report. Provisions averaged lower in line with hoga - 33 -,7 87 73 54 85 85 02 78 93 The Chicago market letter received yes- ntahed by the Overbeok & Cooke company i terday by the Overbeck & Cooke company of Portland: . of Portland said High. Low. Close. Wheat There was general Duying eariy. ..88.20 88.00 K8 14 stimulated by the bullish interpretation H7.no I placed on the government report ana con- J86.98 88.92 86.82 tlnued rains in the southwest, where cut- f oi.jniiting or wneat is just getting unaer 87.10 86.02 86.96 I There wan no ahatpment in the demand ..91.56 01 30 91. 50 ,, ,n an arivanxa of ahoiit HU cents had Liberty, 4th 4s 87.16 87.00 87.16 been registered In the. July delivery. Victory. 4s ....88.40 98.30 98.38 short,v b(rfn ., ,. market turned aa ad us au 1 - Liberty, 8e Liberty, 1st 4s .... Liberty. 2d 4s Liberty, 1st 4 'is Liberty. 2d 4s Liberty. 3d 4e. Victory, 3s 88.40 98.30 98.38 Mining Stocks at Boston. BOSTON. June 9. Closing quotations: Allouez 20 North hoik ... lli Ariz Com . 8 Old Dom 20 Calu & Ariz... 46;Osceola 28 Calu & Hecla. .238 IQulncy Centennial Cop Range . . East Butte .. Franklin Isle Royalle . , Lake Copper. . Mohawk 7ISuperlor 32!Sup & Boston. 8 Shannon utan con Winona ....... 1 Wolverine .... 20 49 37 3 1 so 3 40 10 marketa First prices were T to 16 points higher and active months void 14 to 25 points above last night's close with Sep tember touching 7.21c during the early trading. This made new high ground for the movement and an advance of fully a cent a pound from the lower prices of last month. Realizing then, developed and prices eased off with September closing at 7.13c bid. The general market closed at a net advance of 6 to 17 polnta July 6.73c, September 13c October 7.24c, De cember 7.48c, January 7.58c, March 7.7Sc. May 7.93c. . The spot market was reported In fair demand with prices steady at 7e for Rio 7a and 914 910c for Santos 4s. QCOTATIOXS OX DAIRY PRODrCE. Market rHees' Ruling on Batter, Cheese - and Eggs. SAN FRANCISCO. June . Butter Ex tras 37. prime firsts 35c. firsts nominal. Eggs Freah extras 28 cv extra Ilrsts Sc. firsts nominal, dirties 27c extra pul lets 24 c, undersized putlets 24o. Cheese Flats, fancy 17c, firsts nom inal; Young America,' i anodes 20c, firsts! nominal. , CHICAGO, Juae 0. Butter Easy: creamery extras Sic, firsts 25i'30c, sec onds 20 (H 24c. standards 30 V Si 31c. .Eggs unchanged; receipts, 19.064 cases. NEW YORK, June 9. Butter Easier; creamery higher than extras. 83Q33c: creamery extras 32&32c, firsts 28 6 31 c. -' Eggs Irregular, unchanged. ' Cheese Steady, unchanged. SEATTLE, June 9. Wholesale prices to I dealers: Eggs Select local ranch, .white shells I 27c, do mixed colors 26&27C, pullets 22c. Butter City creamery cubes 82c, bricks or prints 83c country creamery extras, I cost to jobbers, in cubes 28c 1884-1921 Portland Flouring Mills Company has been in business for 37 years 37 years of unin terrupted business, years of growth, of increasing trade, of increasing capital, of increasing profits not a blot upon its lifelong record. The company has borrowed from us three million dollars upon its First Mortgage 87c Fifteen-Year Sink ing Fund Bonds, which we offer to you at par and accrued interest. fit 4V m ism mi imsm i m m n 9 iMniir Write Today for Descriptive Circular AT Blyth.Witter. 6. Co 412 FLOOR YEON BUILDING PRICES 1XCH.XGED AND STEADY ' IX ALL LIES. Trading Is Principally In Sheep and Lambs Cattle Offerings Are Small. fXl 8 1 i in' ? In Portland Other Off leva In FRCI.CO, 1,( a tM.IIKS, miiiTM'., MOW lOHK. Swift & Co. Stocks. Closlne- orices for Swift A Co. stocks at Chicago were reported by the Overbeck & I weak most of the session, due to further very weak based on the fear of adverse legislation in Springfield. The situation t the moment - Is extremely confusing. with so many opposing factors of an in fluential sort that it is difficult to reach definite conclusion. In favor of buyers there Is a strong cash position, the pos sibility of a wet harvest retarding the early movement of new wheat and aiso railroad strike threatened. In oppo sition to this argument there Is the fear that legislation might Interfere, a serious depression In foreign exchange prevent export business and an unsettled financial ana Industrial situation as evidenced bjl-i the extreme weakness in securities. Corn This market was independently sterday and only a moderate! K3c? 1 business had been done when the I u led at noon. Most of trading was I Mm do ofd - Contl Can . . .. Contl Candy.. Corn Prod . . . Cosden Oil C R I & P do A pfd. . . do B pfd. . .. Crucible do pfd COFFEE Roasted, bulk, in drums, lit Cuba Cane Thursday 155 Year ago 64 Season to date.. 10858 Year ago &K74 Tacoma Wednesday ..... ' 18 Year ago 15 Season to d&te.. 4821 Year ago 7212 Seattle Wednesday 10 Year ago 27 Season to date.. 4411 Year ago... 6432 Wheat. Bar. Fir. Oats Hay 3 7 285 lino 1U5 3904 7 54 inn 106 3257 3 2 3 226 570 253 110S 1 1 589 2420 50e 2262 192 ISO 047 843 S6t4c oer nound. SALT Granulated, DDI., miuwiw; half ground, ton. 60s, $19.75; 100s, $19.25; lumo rock. $26.50. DRIffiD FBli its Italian prunes oo pound; dates. $4.256.85 per box; figs, $2 tVA.25 per box. do pfd Cub Am Sug.. Del & Hudson. Dome Mines.. D & R G do pfd Endi Johnson. Erie do 1st pfd. . Fim Players.. Provisions. HAMS All sixes. 8036c: skinned, 810 Fed M & 8m. 36c: plcntc. 18c; cottage roll. 28c. BACON Fancy, 43&53c; cnoice. 30 35c; standard. 25(ff27c LARD Pure, tierces, 16o pound; com pound, tierces. 11c. DRY SALT Backs, lOlfSSc; plates. ISO, WHEAT CROP Ol'TXOOK 481 147R 653 1234 GOOD Prospects Average or Better In Leading Producing Countries. The statistical bulletin for April Just Issued by the International Institute of Agriculture, snnotinees that the prospects f the winter sown crops are favorabl In the United States, where the promise for wheat is 9 per cent above the average of the past ten yeara At the beginning of April - the outlook was also good in Germany, Belgium. Bulgaria, France. Spain, Great Britain, Poland. Roumanta and North Africa, and an average in Italy and Japan. In parts of British India ths want of rain has been detrimental to wheat crops. The spring sowing has made favorable - progrees in Belgium, Bulgaria, France. Great Britain. Italy, Roumania and Japan, but delay has occurred in Spain, Ireland and Czecho-Slovakls. Turning to the southern hemisphere, it fcs noted that the maize crop In Argentina Is 5.9 million metric tons. Indicating a decrease of 11 per cent as compared with that of last season, but an Increase of 21 per cent over the average of. the preced ing five yeara Including the yield of this Important country and other maize erops of the southern hemisphere, the ag gregsus world production of maize will be 94.8 minion tons, 9 per cent above that of last season and 15 per cent over the av- BTKAWBERRIES FIRM ON FRONT ST. Effort of Continued Dry Weather Seen In Quality of Fruit Received, strawberries were firm on Front street. Receipts of good shipping quality were not axeesslv and ths best stock moved read By at tl.6091.7S. Shipments to the north war again of good sise. The trait now la shows ths affect of ths dry Hides. Hops, Etc. TALLOW No. 1. 34c; No. S, 214 8c per pound. CASCARA BARK New peel, 5o; old peel, 6e pound, delivered Portland. HOPS 1920 crop, best, 15c per pound. HIDE'S Salted country hides, 4c de livered Portland; grubby hides, 8c; city calf skins, 12c; country ealf skins, lOo; good kip, 6c; grubby kip. 4c. WOOL New Clip, lll(GlaC per pouna. MOHAIR New clip. 1B22C nound. delivered Portland. GRAIN BAGS 89c at countr polnta Oils. LINSEED OIL Raw, In barrels. $1.02; five-gallon cans. $1 17. Boiled, in barrela $1.04; five-gallon cans, $1 19. TURPENTINE In drums, 92c; five-gal lon cans, $1.07. WHITE LEAD 100-lb. kega 13c per lb COAL OIL Tank wagona and iron bar rels. 17c: cases. S087c. GASOLINE Tank wagons and iron bar rela 28c; casea 4uc. SAX FRANCISCO PRODUCE MARR.E1 Prices Current on Vegetables, Fresh Fruits, Etc.. at Bay City. SAN FRANCISCO, June 9. Vegetable Asparagus, 2j)10c: squaah. 85ce$1.25 crate, $1.25 & 1.50 tug; potatoes. $2 3.25 onions, new red. 7 5c C$1 bag; green, Jl.504pl.75 box; tomatoes. Imperial, $1 $2 75 lug: garlic, 6&8c pound; bell peppers, 1530c pound; peas, 76llc pound; rhu barb, nominal; lettuce, nominal; string beans. 7C10c pound; Kentucky Wonders, 9j loc; artichokes. $5 12 crate; beeta $1.7392 sack: carrots. $1.25(L50 sack; egg plant, 15 20c pound. Poultry Young chickens, 25 g 28c pound; staggy roosters, 20925c pound; old roosters. 17Q36c: ducks, 25fe35e; geese, ?5c: turkeys, 85 S 50c; Belgian hares, 1320c; aquabs, 45 48c pound; pigeons $3 dozen. Fruit oranges, navei, tico-o; Valencia, $33.75; lemons. $46; apples, $1Q3; strawberries, drawer, 50ig75c; loganber ries, 6065c drawer; raspberries, $11.25 drawer; gooseberries, nominal; bananas, 6 10c pound; pineapples, nominal; avo cadoes, $46 doz.; cherries, black. In bulU! 6ft 10c drawer. 75681-25; apricots, $1.50 X four-basket crates; $23 lug; peaches, $1.5091.75 box; cantaloupes, $4.505; figs 8J..75&3 box; currants, 8oc&$l drawer. , Receipts Flour, 8814 quarters; wheat. 800 centals: barley. 8751 centals; oats, 908 centals;-beana 7994 sacks; corn, 550 cen tals; potatoes, 383 sacks; onions, 46 sacks; hay. 180 tons: lemons and - oranges, 1670 boxes; hides, JI770; livestock. 950 -head. : Naval Stores. SAVANNAH. Ga.. June 9. Turpentine, firm: 55i55e; salea, 120 barrels: re ceipts, 140 barrels; shipments. 15 barrels; stock. 7295 barrels. Rosin, firm; salea 950 barrels: receipts, 766 barrela: ahipments. 35 barrels; stock, 76.747 barrela Quote: B. D. $3.70: E. F, $3.703 75; G, $3 753 80: M. $3.85f3.90; I, $3.95$4; K. $4.264.40; Jt, $490; N, $5.40; WQ, $66.10: WW. $6. 75 6 85. Cotton Market. NEW YORK. June 9. Spot cotton quiet; middling, 12.70c. do pfd . . . Flsk Tire . Gaston Wms.. Geu Cigars.... Gen Elec .... Gen Motor . .. Goodyear .... Gen Asphalt.. Goodrich Granby Gt Nor Ore'... do pfd Greene Can .. Gulf S Steel.. Hupp Motor... Houston Oil.. Hi Central ... Inspiration ... Int Agr Corp. do ofd Per I Interboro do pfd Intr Callahan. Int Harv .... Int Mer Mar. . do pfd Int Nickel ... Int Paper .... do pfd ..... Invln Oil Island Oil ... Jewel Tea . . .. K C Southern. do pid Kelly-Spgfld . Kennecott Keystone Tire. Lack Steel ... Lee Tire .... Lehigh Valley. l,oril!ard Maxw Motor.. do 1st pfd. . Mex Pet .... Miami ....... Mid States Oil Mldv Steel ... M K T do pfd ..... Mont Power.. Mo Pac ...... do pfd ..... Mont Ward . .. 51 St PStScUM. M A SI L. Nat Biscuit... Nat Enamel.. Nat Lead .... Nev Con New Haven... Nor A West. .' -Nor Pac Nov Sco Steeu N Y Air Brk.. N Y Central. . Okla Prod ret. Ont Silver Ont & West. .. Otis Steel Pao Oil Pac G A E. . . Pan Am Pet. . do B Penna Peo Gas Pere Marq ... Phil Co Pure Oil Pierce Arrow. Pierce Oil Pitts Coal . .. Pitts & W Va. Pr Steel Car.. Pullman ...a. Ray Con ... Reading Remington ... Renl Steel ... Rep I A S. .. . do pfd Rep Motors . . Ryl Dutch Oil Ry Steel Spg.. S O lnd Sears Roebuck Shattuck Arts. Shell T T... Sinclair ...... Sloes Shef ... So Pae .'. So Ry .....j-,, 800 1.000 4,100 6.100 6.4O0 300 500 2,300 'i.'sofl S.900 1,900 100 600 o no 8.400 1.200 400 2,300 300 900 500 70 1,000 700 35.000 1.200 100 'iibo f ' 400 3no 1,100 "1,506 2,400 4.100 2,000 "'"lfto 2.500 'i.0'60 1.100 8,400 Vo'6 1,500 300 2.MI0 200 4.4O0 2.100 300 800 200 700 500 400 64,600 200 1.400 8,900 800 100 100 2.500 800 700 49 74 1 65 27 31 76 68 62 jo" 3S 17 47 1 63 26 ,30 65 60 'ii 37 16 17 17 1 62 13 1K 87 '22 13 1 55 129 10 '58 34 20 27 67 'is'" 11 64 '33'" 8 45 4. "i 86 "so' 14 59 "l4 3 '25- 50 37 19 12 41 28 50 148 3 142 21 12 25 600 '206 900 700 800 20 39 19 "ii '52 'ii 17 94 70 700 68 8,300 - 2 1,800 200 22,800 so.'soo 10,600 500 1.500 1,000 "i.'s'oo 8.300 2.900 100 "l 00 4.800 1.000 5,000 301) 200 14,400 900 2,400 600 1,900 . 200 8.900 2,800 17 12 35 "ss"' 50 34 49 21 "so" 1914 8 61 28 79 99 13 68 19 24 49 56 82 1 60 12 1S 66 '22 13 1 54 12S 9 "56' 33 20 27 66 "si"' 11 61 '82 6 36 4 84 "49 14 56 'is 3 -24' 49 34 18 12 40 50 147 3 i3sii 21 i1 24 . 20 3S 18 "si 'ii" 17 93 68 68 1 '17 l 'eiii 46 1 34 47 20 "29 18 8 51 28 79 98 12 67 19 23 48 56 82 75 : 74 42 21 '78 20 42 r 20 72 1914 66 34 05 . 5 84 26 68 47 I 64 27 30 75 65 81 84 11 87 16 93 17 1 60 12 1 66 22 13 54 127 9 8 56 33 20 68 3-11 -' 8 32 6 35 3 10 4 S5 13 49 14 57 94 14 . 3 7 24 49 35 19 12 40 27 60 147 2 4 139 20 11 . 24 2 n 52 20 ; 38 ',18 1 64 11 J10 '52 75 11 17 .- 93 68 27 59 68 V , 1 4 17 11 35 . -57 62 46 34 7 20 30 . 29 18 8 50 18 98 12 7 19 23 48 80 . 14 56 82 67 74 6 42 20 35 . 72 19 Cooke company of Portland as follows: Swift & Co 96 Llbby, McNeill A Libby 8 National Leather 7 Swift International 24 selling by leading elevator interests and by cash houses against country purchases. Receipts were estimated at 500 cars and cash prices were about fine cent lower. Shipping sates reported -'15,000 bushels Including 180,000 to exporters. Country offerings to arrive only moderate. The Money, Silver, F.te, NEW YORK, June 9. Prime mercantile I recent rains all over the belt have bright paper, 6 7 per cent. . I ened up the corn fields and there has Time loans, firm: 60 days, 90 days and 1 been a lot of selling, based on the ex- six mnotns. I per cent. 1 pectatlon of a good crop. One must not Call money. e-aPier; high, ruling rate, I forget that this is a normal condition 6 per cent; low. offered at and last loan. per cent; closing bid. 5 per cent. Bar allver Domestic, 99c; foreign, 57c. Mexican dollars, 43 c LONDON, June 9. Bar silver, 35d per ounce. Money, 4 per cent. Discount rates. short bills, 6 percent. RESERVE RATIO GROWS STEADILY Increase ot Nine-tenths Per Cent Reported by Federal Board. WASHINGTON. June 9.-Comblned ro up to the middle of June, after which there Is usually a deterioration and cror scares and there is no reason for believ ing that this year will be any exception. Prices are relatively low and as all tha' is bearish seems to be more than dis counted, we believe advantage should be taken of the recessions to make pur chases. , Oats Selling pressure again predomi nated In oats and with an exception of one time about mid-session, the market showed very little rallying power. Ke cefpts were estimated at 170 cars and sold at about half cent decline. Shipping sales reported were 175.000 bushels. Crop sources and liabilities Of the 12 federal rcporis remain generai.y unravoraoie ano There wss a half holiday at the stock I yards yesti amount of I Varna rlnaed in the sheep and lamD division ana nere 1 prices were fairly steady. 1 ne iimneu 1 sales of cattle and hogs were also at un chHnr.il nricea. ' Receipts were 66 cattle, 12 calves, 227 I hogs and IO02 sheep. . The day's sales were as follows: Wt. Price i wt. Price. June 8 were reported tonight by the fed eral reserve board as follows: Resources Gold and gold certificates ... $ 297.478,000 Gold settlement fund fed.eral reserve board st.asu.ouo Total gold held by banks. $ 819.015.000 Gold with fed. res. agents... 1,460,858.000 Gold redemption fund 151,299,000 opinion that the final yield will be much reas than Indicated In the government report Rye Trade was exceedingly small and the futures market bare of feature. The cash market was relatively weak with No on track selling at 10 cents over July against 15 cents premium yesterday, Leading futures ranged as follows: WHEAT. Total gold reserves $2,430,872,000 Legal tender notes, silver, etc. 161,874.000 Total reserves $2,592,546,000 Bi Is discounted, secured U. a. government obligations ... -747,006,000 All other 1,149,353.000 Bills bought .in open market 69,501,000 Tbtal bills n hand $1,985.86(1 U. S. government bonds . . 32,662.000 U. 6. victory notes 23,000 T7. S. iertifs. Indebtedness One-vear ctfs. (Plttman act) ' 225,875,000 All o'.ner 1.852.OO0 ' Open. High. July ...$ 1.34 $ 1.40 Sept. ... 1.18 1.22 CORN. July ... .63 .63 Sept. ... .64 .64 OATS. July ... .38 .38 Sept 39 .40 Low. 1.33 1.16 July July Sept. Total earning assets $2,225,572,000 Rank oremlses -. 23.842.000 Five per cent redemption fund (July against F. R. bank notes.. lu.44U,oou 1 sept. Uncollected Items o4i.4'.i.,ooo All other resources 13.482.000 .61 .62 .37 .88 - MESS PORK." 17.50 17.60 17.50 lard! 9.75 9!,77 9.65 10.05 10.10 8.07 SHORT RIBS. Close. $ 1.34 1.17 .62 .63 .37 .89 10.25 10.40 10.20 . Cash prices were as follows: Wheat No. 2' red $1.5S1.61 17.50 9.75 10.07 10 15 10.40 No. 2 .07 qqa n.,o ! hard $1.64. Total resources . . . T .la Millie . r.r,iti in t io 068 non I low 6161c Surplus ? -",O.JU.O'IU I UB18 o. wans oixadov, ..u. 0 wutto Rea for gov. franchise tax.. 38.057.000 I 36 li a 37c Deposits, government 200. 261.000 1 Rye No. 2 $1.41. Member bank reserve account 1,884,075,000 All otner au.ui.uwi Total deposits .". F. R. bank notes In circula tion, net liability F. R. notes in actual vclr. . . Deferred availability All other liabilities . . . .$1,735,057,000 141,054,000 2.710, 723. 00O 447,357,Ono 81.086.000 Barley 65 e 67 c. Timothy seed $4.506. Clover seed $13618. Pork Nominal. Lard $9.60. Ribs 9.501T1 0.50. Primary Receipts. CHICAGO, June 9. Primary receipts 2 steers.. 155 $ 8. SOI 1 bull ... S:tt 8.50 2 steers.. 6-".0 6.00! 1 bull 3H 6 50 4 steers.. TH2 ' 5.501 2 bulls... 1 8 75 4 steers.. 102 8. Sol I) buils. . 117 9 00 5 steers.. !N2 S. 75 ISO bulls.. IIO 1- -COW...1O.S0 4.501 1 stag ..1010 0 1 cow... XiiU 8.2.-.I 8 hogs .. 13 "00 1 cow ... T0 2.50I 1 hog ... 2411 00 2 cows.. -'0 3. 2.V 12 hogs... 10 9 25 1 COW...1OK0 6.5018 hogs .. ll"7 9 2" 1 cow... 970 3.25I 1 hog ... 2-10 8.01 10 hfrs . . 824 T.25'274 lambs. . 9 0 75 4 calves. 3:lO 7.O0! 1 lamb ... 60 ..5.00 4 calves. 283 Ili0ni276 Iambi . 67 6 7.1 11 calves.. 102 lO.OOj A samba... 40 4 00 3 calves. 273 5.50I 2 lm(. . .".- 6.00 1 bull... 650 6.00 10 lambs... 55 4.50 1 bull... 350 5.00 12 ewes.. IIO K.i'iO 7 bulls.. 2SO 8 7.V11 ewes... 10S BOO 1 bull... 4nO H.O0 21T yearl. .. Rl 4. nil 4 bulls.. H55 9-15 23 weth... 105 4 50 12 bulls.. 17fl 9.25 44 weth... ln,V 3 HO 6 bulls.. 238 8.73i242 weth.. 104 4.50 8 bulls. . . 213 8.75 Receipts at the local yards last month pAREFUL INVESTORS should pur chase securities from an institution whose character, stability and manage ment are an assurance of continued pro tection to its customers. This bank maintains its Bond Depart ment to afford you that assurance and protection in making safe investments. 11,766 34.796 6,385 6.005 77.009 107.803 27.648 I and for the year to date compare as fol lows: Cattle. Calves. Hoga. Sheep. May receipts.. 8,934 730 Increase for month Decrease for month .... 1.105 696 Tear to date 44,397 3,549 Increase, year Decrease, year 4.706 1,444 8,969 Ave weight of hogs ..... 200 The origin of stock received at the yards I was as Xoilowa: Cattle. Calves. Hogs. Sheep. ..8.682 294 5.661 30.721 . . 1.48 . . 1. 1 49 . . 1.657 . . 128 205 109 2 297 W67 26 4.049 17H 1.863 Oregon Idnno Washington Montana California South Dakota Canada 880 Total 8.934 730 11.766 84.796 Livestock prices at the local yards fol low: Choice steers $R.00ff 8 ralr to medium steers Medium to good steers' Common to fair steerH Choice cows and heifers Medium to good cows, heifers hair to medium cows, hellers Canners Bulls Choice dairy calves $0000 CITY OF SCI0, OREGON 6T0 WATER AND LIGHT BONDS Dated Oot. 1, 19:0 - Due Oct, 1. ls:S Denomination K00 PRICE 96.32 and interest to YIELD 7C WESTERN BOND & MORTGAGE CO. (ground Floor, Board of Trnde Building. Main 113. I'OHTLAM), OHKOOV, Ml FOI RTII STKF.KT. isUWIIUKuV 7.50 8 00 6 8 R.50l 6 00 4 .low 6 00 2.001ft S 50 S.SOi&i tii 8.50 10 00 Prime light calves 9.ooft- 9.50 Baker day" at the Union Livestock I 6.2.-. 700 show at Union, and a larfie nunibetl now Hoc I have planned to go from here lor tne, 50S 7.00 races and also in order to sdv-ertlse the auto races to bo held in nis city July 4 and 5. , Total liabilities ........ .$5,407,386,000 Wheat, 787.000 bushels against 519,000 bu. Ratio' of total reserves to deposit and Corn 13190oo bu. against 877.800 bu. Oats, federal reserve notes liabilities combined, 58.3 per cent, 794.000 bu. against 387.000 bu. Shipments Wheat. 734.000 b.n. against Ratio of gold reserves to federal reserve 819,0OO bu. Corn, 1,002,000 bu. against 468. notes In circulation after setting aside ton) du. uats, s,uuu du. against -soe, 35 per cent agalnat deposit liabilities, 73.2 000 bu. per cent. Foreign Bondsj Pnrniim bond nuotations furnished by the Overbeck & Cooke company 01 r'ortiana: .Bid. ASK. Russian; 6s, 1921 . Russian 6148,-1926.. Russian 6x. 1919 . French 6s, 1981 French 4s, 1917 French 5s, 1920 talian 5s, 1918 British 6s. 1922 British 6s, 1929 .. British vky 4s .... British ref 4s Belgium rest 5s Belgium prem-6s... German W L 5s.... Berlin 4s Hamburg 4s Hamburg 4 s Leipslg, 4s ,ejpsig 6s Munich 4s Munich 5s Frankfort 4s ao 4s Jap 1st 4s ap 2d s Paris 6s U K 5s, 1921 U K 5s 1922 U K 5s, 1929 ... U K Bits, 1037 13 4 14 61 49 ....... 74 86 384 .......368, 2S7 29 65 8K 11 12 14 14 14 ....... 14 14 15 14 68 84 . 84 99 99 97 88 84 14 6 18 62 60 75 87 SN7 878 297 279 70 78 12 13 15 15 16 16 15 17 16 ' 68 85 85 99 99 97 89 84 Foreign Exchange. - f Foreign exchange rates at close of busl- saiks yesterday, furnished by Northwestern Notional bank of Portland. The amount quoted is the equivalent of the foreign unit pressed alfalfa. $31; do, timothy, $33 Clearances Wheat. 232,000 bu. Corn, 9000 bu. Oats, 55,000 bu. Flour, 10,004 barrels. Car lots Minneapolis, wheat, 207; corn. 37; oats, 88; barley, 17; rye, 9. Winnipeg wheat, 159: corn, B2; oats, Omaha Wheat. 54: corn. 45: oats, 14. St. -Louis Wheat, 35; corn, 29; oats, 35. Winnipeg Grain Market. WINNIPEG. June 9t Cash wheat. No. 1 Northern, $1.92; No. 2. $1.90; No. 8, $1.80: No. 6. $1.62; track, $1.76,4. Oats. No. 2 white. 4c; P.O. 3, 42c; ro. feed. 40c; track, 45c. Barley, No. 3. 81c; feed. 70c: track, 70c. Rye. No. 2, $1.54; track. $1.53. Futures Wheat, July, $1.73; October, $1.33. Minneapolis Grain Market. MINNEAPOLIS. June 9. Wheat. July, $1.35. Barley, 46 62c. Flax, No. 1. $1.89 W l.Ul. Seattle Grain Market. SEATTLE, Wash.. June 9. Wheat Hard white. $1 36; soft white and white club, $1.36; hard red winter, soft red win ter, northern spring and eastern red Walla, $t 32; Big Bend bluestem, $1.38. City delivery: Feed Scratch feed, $51 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 barley, $46; milled feed. $33; bran, $80; whole corn. $40; cracked corn, $42. Hay Alfalfa, $24 per ton: doubie-com- in United States funds: Country. Foreign unit- - ustria. kronen Belgium," francs ;.r. Bulgaria, leva Cxecbo-Stovakia. kronen ........ Denmark, kroner ngland. pound sterling inland, finmark France, francs German. rdarkB Greece, drachmas s. olland, guilders .- Hungary, kronen ., Italy, lire uga-siav:a. Kronen Norway, kroner Portugal, escudos Roumania. lei erbia, dlnara na in. nesetas Sweden, kroner . witserland, francs , China Hongkong, local .currency . Shanghai, taels Japan, yen . , Rate. ..$.003 . . .08 . . .0135 eastern Washington mixed, $30; straw. $24. Grain at San Francisco. SAN FRANCISCO, Cal.. June 9. Grain 0148 Wheat, feed, $2.3502.50; milling. $2,404 172 2 50. Barley, feed, $1.151.17; shipping, .3.7625 H.25S1.80. Oats, red feed. $1.401.50. '"" Rye, nominal. Corn, white Egyptian, $2.30 uius siu. red milo. I2.10S2.15. 0155 a.m. I .nriM mnrKf-, .0048 NEW YORK, June 9. Copper quiet; 04h3 electrolytic, spot and June, 13c; July, 1313c. .008 .1475 .111 .0165 .031 .129 .223 Tin easy: spot and nearby, 29.37 29.50c: futures, 2929.50c Iron nominally unchanged. , Lead quiet; spot, 4.75c. Zino quiet; East St. Louis delivery, spot. .1695 4.55 4.65c, .5 .66 .4875 Antimony, spot, 5.26c. London Wool Market Firm. LONDON, June 9. There was a large attendance at the wool auction sales to day. The offerings amounted. to 11,755 balea The demand was strong and prices were firm. Americans bought a few me- cables 4.77; 'marks, demand 1.48, cables rlnos and crossbreds, while home traders 1.49; Greece, demand 6: Sweden, demand paia as to lor aiumi. NEW YORK. June 9. Exchange, heavy; sterling, demand 83.72. cables $3.73; francs, demand 7.88, cables 7.90; Belgian francs, demand 7.86, cables 7.88; guilders. demand 32.90, cables d3; lire. Remand 4.75, 22; Norway, demand 14.65; Argentine, de mand 31.12; - Brazilian, demand 18; Mon treal, 10 per cent discount. Coffee Market Firmer. NEW YORK, June 9. Yesterday's reac tions were followed by sharp advances in coffee futures today, owing to reports of Dnluth Linseed Market. " titJUTTH, .Mlnn June 9, Linseed, on I freezing temperatures In parts of Brazil track aaa to axrivs. si.vz ft..-' ' Heavy calves Choice feeders Fair to good feeders Hogs Prime light smooth heavy. 250 to 300 lbs.. smooth heavy. 300 lbs. and ud.. Rough heavy Stags Fat pigs Feeder pigs Sheep Prime lambs Fair to good lambs Cull lamb , Feeder lamoa '. Heavy yearlings Light yearlings Light wethers i Heavy wethers Hwes 3. no 6.00 5.2.M 6.76 4.75 6.25 SALES MANAGER CHOSEN, P, F. Clark Will Handle Apple of Hood River Grower. HOOD RIVER. Or.. June 9. (Spe- i oial i The apple arowers' associa i tion today announced appointment of p F Clark, nrominent lakima apuie 6 50 shipper, a..!0' ma"a."' I 8 for 20-Years $50,000 Republic of 9 00 9 25 7 25 W 8 25 6 25 8.75 5.011 7.25 4.00ifn 7.25 9 00 9 25 8.50 9.25 4.A, R.50 ne C. W. Mccunagn, who Chicago Livestock Market. CHICAGO. June 9. Cattle 8OO0: beef steers and fat she stock strong to 15c higher; top yearlings $9; top native steers, $8.85: bulk, $7 50 '8 8.50; bulk butcher cows and heifers, $5&7; bulls and veal calves steady: bologna bulls, largely $4.504.75; butchers. $5,5046.50; . bulk veal calves, $9.25ff9.75; canners and cuttera, stockers and feeders dull. Hogs 37,000, active and 10c to 20c lower than yesterday's average; heavy mixed off least, top. $8.25; bulk, $7.958.20; pigs, steady, 10c lower. 8heej 14.000, spring and aged lambs, 26c to BOe lower; sheep, steady to lower; top native spring $12.75; bulk, $12W 12.50: choice dry fed. 88 pound shorn lambs, $11.25; California ewee, $4.75f5; bulk native fat ewes, $3.50 1$ 4.25. Kansas City Livestock Market. KANSAS CITY, Mo., June 9. Cattle 3500; beef steers mostly strong to 25c higher, spots up more, 1075 pound steers. $8.75: other salea $8.60'(i8 35; bulk. $7.25 dsiii; an otner classes generally steady; calf quality poor: few vealers $8.50; many sales $67.50; cows mostly below $5,541: few $6: good canners mostly $2: only best butcher bulls above $5; bulk stockers $5fe5.50. Hogs 8500, open slow, around 10c lower than yesterday's average; close active and fully steady: tops up higher: best lights to packers. $7.85; bulk, 210 to 225 pounds hogs, $7.75 ?i 7.80; choice 275-pound. 87.55: bulk of sales, $7.6097.75; stock pigs, 10c to 13C lower; top, s.o,i. Sheep 2000, sheep strong: Texas weth ers, $4.50; native spring lambs, steady to 25c lower; top, $12; bulk: better grades. $11.5012. Omaha Livestock Market. OMAHA, June 9. Hogs 11.500. active mostly 10c lower: closing steady; bulk. 1KO to J40 pound butchers. $7. 60S 7.80: top, $7.85; bulk, butchers 250 pounds anil over. $7.257.50; packing grades, $7fr7.25. Cattle 4500, beef steers, steady to 15c higher; top yearlings. $8.40; she stock, steady to strong; other classes steady. Sheep 65IM1; iambs, slow to 50c lower: bulk of native spring lambs. $11.5011.75; early top Idahos. $12.50; sheep weak; heavy ewes, $3.40. - Seattle Livestock Market. SEATTLE, June 9. Hogs, steady; no receipts; quotations unchanged. Cattle, steady; no receipts; quotations unchanged. Dividends Passed and Redta-ed. NEW YORK, June 9. The Internatinn-J al Agricultural corporation today passed its dividend on preferred stock. The American Agricultural Chemical company passed Its quarterly dividend on the common stock and deferred action on the preferred. The Utah Copper company reduced Its quarterly dividend from $1 to 89 cents. Dried Fruit at New York. NEW YORK, June 9. Evaporated ap ples scarce. Prunes active - and firm. Peaches steady. New York Sugar Market. NEW YORK, June 9. Raw sugar, 4.25c for centrifugal. Refined sugar, 6.26c to 6.30c for fine granulated. 2 50 4.00 resigned. i'?J!f 5 -US Mr. Clark for a number of years 4.!!oS U so was sales manager of the Yakima 3 00 4 no Fruit urowers asauciamni. 1.00 4.25 year he has been connected wnn ine Cascade Fruit company oi lsaim. He will assume his duties July 1, it was ststed. .Fran Baker Folk to Attend Show. BAKER, Or., June 9. (Special.) and ths renewed firmness of Braaiiiaa. Tomorrow bag been designated as 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 Bldff. 91 Third St Phone Main 3067 20-year 7H'sat95 1 to yield These bonds ars not callable and can be hold bv 'u to earn 8',r for a full 20 years. The sinking: fund of minimum of $750,000 monthly durlna the first five voir for purrhasing bonds of this issue In the mar ket at up to par assures a high market value and ready con vertibility if doalred. We offer this small amount at th. nrmlnl puOwrlpt ton prl of 95 anil intV"t. siittjei'l to prior sale. I n.tni inafi'-ns are $lOO0, $-00 and $10O. 4yP SMITH km camp CO. BUNO I losrasamsni uai firm ana avaaa vat Srao aVOTICB IS HEREBY GIVEN That on July 1, mil. at the principal office of The Equitable Tru-t company of New York,. No. 87 Wall utreet, boroush of Manhattan, city and aittte of Sm York, the undersisrned Troy Laundry Machinery company. Limited, will redm, at lO-" per cent of tha face value thereof, all lt serial 7 per cent sinking fund gold notes, dated January 1, outsiandinir en the said rertemisMon date; and tha aaid note are hereby required to b then and there presented for payment. with all coupon for Interest maturing nubeq, Bently to the said redemption date. Tha natd note) will bear no furtiisr interest fcttr the said date. At any time prior to June 25. lt21, any holder of any of tha nota hereby called for redemption may, without prior written notice, surrender the same at tha aald office of Tha. Equitable Trutrt company of New York, -with alt unmatured Interest coupona attached, for conversion Into un equivalent aggregate par value of B per cent cumulative preferred capital stork of the undersigned, full paid and non-assessable, subject to adjustment of interest and dividends to the date of such surrender, in the manner provided in the trust agree ment under which tha said note are issued. TROT IsATTNDAT MAOHYVEKY COMPANY, LIMITED. By Stanley Brock, President. New York. May SI, 1-21. The Ultimate From out of the prcat qualities of all material things, one quality always stands uppermojt. Sfj it is with Warrenite-B'itulithie raT ment. After all in sair! aliout its resiliency and other rare qual ities, there is one that stand out above all the one biff essential thine in pavement namely, DURABILITY. I ; HERRIN & RHODES, Inc. (Rafsbllahed 1HM) BROKERS kembgbj Chicago boa.ro or 1HADU. Correspondents, K. K. lltTTO ak CO. Members New York Muck Ei. rkanae. I'rlvale leas4 W Ires Direct to All fcecnrllv mu4 4Jss modify Markets. LIBERTY AND VICTORY BONDS BOUGHT AND IOLD MAIM 23 and 3-H4 jm-8 HA1LWAK avXCli. IJLDO. t.