Morning Oregonian. (Portland, Or.) 1861-1937, June 14, 1921, Image 21

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Morning Oregonian., June 14, 1921, Page 21, Image 21

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Newspaper Page TextTHE MORNING. QREGOXIAX, TUESDAY, JUNE 14, 1921 v nLL uuunn niniiiiLiu A COfJTINUE TO FALL Local Jobbers Announce Drop of 35 Cents Hundred. BUYING IS AT . MINIMUM Supplies 31ore Than Sutfjclent for Remainder of Year and Fair Sized Surplus Probable. AH grades of refined suear were re dacted 34 cents a hundred yesterday on re celpt of word from California refiner of a similar decline there. The drop has been expected since the eastern market began going off last week. The new local quotations are 17.15 on cane granu lated and $6.95 on beet. Consumption here has become somewhat heavier with the home canning season now under way, bnt in view of the weakness of the mar ket, retailers are not buying beyond their Immediate needs. The general depression In the sugar sit uation is explained by a leading authority Id the trade as follows: "Conditions now prevalent In the rogaf market continue1 adverse to any feeling of optimism, but as a matter of fact in dicate that the demoralization still exists and that the depression has not as yet run its course. The weignt 01 supplies annarently becoming more burdensome. especially - as distributors and consumers appear intent on maintaining an attltuas 'of indifference and one of covering re quirements only as needed. This hand-to-mouth policy of buying is not only ap plicable to this . country, but to the re mainder of the world where financial an economic conditions are far less satisfac tory than here. Cnder such conditions producers are forced to carry the entire burden of supplies and their distressed sit uation Is being Intensified. A survey of the statistical position gives assurance of more than sufficient supplies for the re mainder of the year, and In fact prospects of a fair-siied surplus, especially should consumption continue along the present restricted lines. It Is becoming more evi dent that the entire world economic situa tlon Is steadilyrevertlng to pre-war con ditlons, but summing up the situation 1n sugar, the main force at work in the market is the Inevitable law of suppl and demand.' NEW YORK, June 33. The raw sugar market was nominal early today. In re. fined, prices were 25 to 30 points lower, with all refiners now listing at 6 cents for fine granulated, or the lowest price recorded In four years. cartons, S4o Butterfat, buying price: A grade, 27c; B- grade, 28c, Portland de livery. N EXJS Buying prices, case count. 23-4 '-'4c delivered. Jobtblng prices to re tailer: Candled ranch, . 2oGf 27c; selects i"s 6 3c. CHEESE Tillamook triplets, fwtee to jobbers f. o. b. Tillamook. 19c; Tonne Americas, 20c pound. POULTRY Hens. 1520c pound: ducks young. 40c; geese, nominal; turkeys itorn inal. PORK Fancy, 12e per pound,. VAi- Fancy, 13e per pound. Fro its and Vegetable. FRUITS Navel oranges. $4.7366:5 per box; lemons, $7.T5.75; grapefruit, $39 $11 per box; bananas, 9Vi 10c pound; apples, $1.233 per box: strawberries, $1.75 02. 23 per crate: cherries. 10et22Hc per pound: cantaloupes, standards. $4.0O'S i: do ponies. $4.00; peaches. $2 73ti3 per box: watermelon. 4jc per pound: gooseberries. ofctic per pound; apricots, Yi box: plums. jiTS'ua per oox. VEGETABLES Cabbsge. S4fce pel pound; lettuce, $22.75 per crate; carrots, t2.'M per sack; garlic, 20c per pound, beets, $1.50 3 50 per sacks; green pep pers, 35&45C per pound; rhubarb, 6&k per pound: spinach, 6&fec per pound; turnips, $22.50 per sack; tomatoes. $2.78 3.o0 Per box; cucumbers, $1.25&2 pet dozen; peas, 7llc per pound; asparagus. yi'fllb per box: beans, 12Vi(rl7c POTATOES Oregon, flvi.w per jub pounds; Yakima, $1.5091.73; new Califor nia, 8!i04Mc per pound. ONIONS Oregon. 75c$$l per sack: new crop. White Bermudas, i.(0 per craie; new red, $1.75 sack. Staple Groceries. Local' Jobbing quotations: ' SUGAR (sack basis) Cane granulated. T.loc per pound; beet. 6 96c per pound. NUTS Walnuts. 30438c pound: Brazil nun 30c; filberts, 12c; almonds. 24 30c: peanuts. 8611c pound; coco acuta, $1.75 per doxen. RICE: Blue Rose, 6c per pound; Japan style, 4o per pound. BEANs Small white. 54c; pink, 754c; lima, 7c; red. 10c per pound. COFFEE Roasted, bulk. In drums, 149 I RAUo oer nound. SALT Granulated. bbl.. $3.4094.33 half ground, ton. 50s, $16.75; 100s, $10.25 lump rock, $26.50. DRIED FRUITS Italian prunes. 6 V, pound; dates. $4.2396.05 per box; flea, $2 9 a. 25 per box. Provisions. HAMS All sizes. 30 9 36c; skinned, 319 S6c: Dicnlc 18s: cottars roll. 28c BACON Fancy, 43US3c; choice, 309 35c: standard. 25927c. LARD Pure, tierces, 16c pound; om pound, tierces, lie DRY SALT Backs, 20923c; plates, 16c RALLY IN STACK iRKET SHARP LOSSES MADE EARLY . ARE RECOVERED. WHEAT BIDS RAISED TWO CENTS Few Buyers Operating in Country;, Coarse Grains Slow. The wheat market was firm yesterday but onlv a'fetr buyers were reported oper- tin in the country. All June bida were rents hlcher on the local board. . rrmm trains were slow, with corn bids Inwur -,,nt uid tn his crop report: "If wheat was not affected with -red rust, condition would be decidedly above the average, but wheat has been slightly dam aged by red rust with some wen aennea black rust. Crop Is just entering period when black rust usually appears ana j exnect considerable damage will result, but greatest danger Ilea in the possibility of black rust getting m - Terminal receipts. In cars, were reported by the Merchants' Exchange as follows Wbeat.Barley.Flour.Oats.H.ay Teetland. lion.. 242 Year ago 112 Season to ttate.19776 Year ago U23S Tacoma Sat... 24 Year ago 10 Season to date. 4RM Year ago 72oO Seattle Sat Year ago ..... 22 Season to date. 4628 Tear ago 671 280 1U6 "i 54 108 226 263 5 13 1113 SS 2 2 1020 . 3270 3 2 578 1201 3 G03 2430 671 2262 12 1B0 4K6 658 060 843 I486 1235 BUTT KB MARKET IS FIRM POSITION Demand From California Continues; Egg ' Receipts Small. ' There was further Inquiry from Califor nia for cube butter and this kept the mar ket In a firm position. Sales were readily made at 28 929 cents. There was also boring tot local storage account at these nrleea Bidding for tha limited arrivals of eggs was brisk and resales were made at a cents, ease count. Demand on local JOB hers was good. Poultry receipts were of fair aire for Monday, bnt buying was slow and prices were weak. Country dressed meats aiao dragged. STEADY MARKET FOR LOCAL BERRIES Caataloopes Fieri tiful With Fair Demand; . Frame on Sale. Strawberry receipts- were of moderate aiss and the market was steady. Prices ranged from $1.73 to $2.23, with tha bulk of sales at $2. Cantaloupes were plentiful and the beat offerings sold at Saturday's prices. Stan dards at $4.5093, ponies at $4 and flats at 12. California plums made their appearance and were quoted at $2.7693 a box. There were further receipts of peaches, which met with fair sale at $2.73 9 3. Increase in Wheat Visible. The American visible wheat supply com pares as follows: Bushels. TVereajae 1!21 9.070.000 736,000 Win 3l.nx2.nnn s.307.noo 119 13,439.000 2.2S7.0O0 191 MI9.000 312.000 1317 20,142.000 8,716,000 Hides, Bops, Eta. TALLOW No. -1, 4c; No. 2. 2?4 93e ner pound. CASCARA BARK New peel. 5e; ol4 neel. 6Ue pound, delivered Portland.. HOPS 1920 crop. best. 13c per pound. HIDES Salted country hides, 4o de llvered Portland; grubby hides. 3c; city calf skins, 12c; country calf skins, 10c; rood kiD. 6c: grubby nip. 4c. WOOL New clip, 10fe20c per pound MOHAIR New clip. 16922 o por nound. delivered Portland. GRAIN BAGS 813c at countrj polnta Oils." . LINSEED OIL Raw, In barrels, $102: five-gallon cans, $1.17. Boiled, in barrela $1.04; five-gallon cans, n. TURPENTINE In drums, 92c; five-gal lon cans, $1.07. WHITE LEAD 100-lb. kegs. 13c Per lb COAL OIL Taok wagons and iron bar rels. 17V4c: cases, 80937c, GASOLINE Tank wagons and Iron bar rels, 2bc; cases. 40tta SAN FRANCISCO PRODUCE MARKET Prices Current on Vegetables, Fresh Fruits, Utc, at Bay City. SAN FRANCISCO. June 13. Vegetables Asparagus, 2Vjtf.Sc; potatoes, $1,109 2.60; onions, now red. 7oc&'$i; green onions. $1a091-75; tomatoes. sl50&2.25 garlic. 6ft8e: peppers. 10;i0c; peas, 4&bc beans. 6&bc; beets, $1.7592; carrots, $1.23 91.30; okra, 8 910c. Poultry Hens, 20937c: old roosters, 13 918c; ducks, 2o&30c; dressed .turkeys, 45950c; live turkeys, 33c. Fruit Oranges, navels, $4 9 5.25; Valen- cias, $394; IcmoDj, $5.50&7; Lemonettes, $3&4.25; grapefruit, $2.5094; apples. $1 93; strawberries, 50 9 7oc drawer; logan berries, $798.50; gooseberries. 8912Sc; blackberries. 35950c; cherries, buik. 29 JOc; apricots, $1.50 3'2.25 lug; cantaloupes, $2.73 9 3.50, standi, d; flats, $1.2591,30; ponies, $2.2592.75; figs, $2.3093; currants, tDlgilO chest; plums, $2.5092.75 lug; wa termelons, 596c. Receipts Flour, 1440 quarters; barley, 3721 centals; wheat, 1808 sacks; corn, 3003 centals; potatoes. 1412 sacks; orilons, loo sacks; hay, 330 tons; wool, 1648 sacks; hides. 730 bundles; lemons, '600 boxes; or anges. 5200 boxes; livestock, 300 head; raisins, 803 centals. QUOTATION'S ON DAIRY PRODUCE Market PrrVes Ruling on Butter, Cheese and Eggs. RAN FRANCISCO. June 13. Butter j Extra choice, 37c; prime firsts,'37sc; Call fnrnia firsts. o-ltaC. Ena-a Extras. :iaVe: extra firsts, 2(fcc ralit'urnia firsts, nominal: dirties. No. 1. 7c; extra pullets, 2dfec; undersized pui lets. 23 "AC. Cbeese California ziats. kmc amor nia young America, fancy, 22c; California firsts, nominal. CHICAGO, June 13. Butter Higher. Creamery extras. Sic; standards, BOtnc firsts, 23 9 30c; seconds, 20 9 2,4c. Eggs Higher; Receipts, 21), 954 cases firsts. 23fe924o: ordinary firsts, 20O'21c t mark, cases included, Z29JJC; stand ards. 24 14 c NEW YORK. June 13. Butter Firmer. Creamery Tiigher than extras. 32W933c creamery extras. 3114 932c; firsts. 2831c. Eggs unsettled. Fresh gathered extra firsts. 28930c: firsts. 2592. fee Cheese Steady, state whole milK xiats. fresh SDecials. 13fe916feci state whole milk twins, specials, 15 fe 9 16c. Late Reactym Laid to Technical .Conditions; Call Money Easy; Foreign Exchange Improves. NEW TORK, June 13. The general re action of the last four weeks was auo stantially extended In the early and inter mediate stages ' of today's stock market. but a sharp recovery occurred and many speculative favorites replaced losses of 1 to 5 points with actual gains of the same amount. Shorts figured prominently In the morn ing's reversal, but their operations appar ently were secondary to the liquidation of holders of long stocks, notable steels and equipments. , Other elements ef weakness Included .oils, shippings, sugar, tobaccos, chemicals and utilities at gross declines ot 2 to points. Motors and their accessories trailed at more moaerstie recessions.' Many railroad shores until recently re g&rded as investment issues were offered. Northern Pacific and Great Northern, on which dividend action was soon expected, were smong the few stocks to manifest lltle. recuperative power. The final hour's recoil was laid to tech nlcal conditions. Leaders included Stude baker, Mexiaan Petroleum, American Sugar and American Woolen. Sales were 1,063,- 000 shares. The money market was quiet and easy. All call loans were mads at 6 per cent, probably because of last week's large gain in clearing house reserves. only a mod erate inquiry for brokers' loans and cpm mercial paper was reported. British. French and other important for eign exchanges were firm or steady, the only noteworthy exceptions being Dutch, Swiss and Scandinavian rates. . Private cables from London referred hopefully U the British coal strike. Liberty bonds were heavy with uneven tendencies in other . domestic issues. Mex ican government 5s featured the interna tional list.' gaining 314 per cent on advices that interest payments on those and kin dred issues were to be resumed. Total sales, par value, $ 12.375,000. : CLOSING STOCK QUOTATIONS. Sales. High. Low. Bid. 800 , 100" 100 Advance rum. Agr Chem . Ajax Rubber. . Alaska Gold.. Alask Juneau. Allis Chal do pfd Am Beet Sug..' Am Bosch . . .. Am. Can do pfd Am Car & Fdy do pfd Am Cot Oil. .. Am Drug Syn. Allied Chem.. Am Hide & L.. do pid t . . . . Am Ice Am lntl Corp. Am Linseed. .. do pfd ..... Am Loco ..... do pid Am Sat Razor. Am Ship & C. Am Smelter. .. do ntd Am Snuff . . .. Am Steel Fdy. Am Sugar . . . do pfd Am Sumatra.. Am T & T . . . . Am Tobacco. .. do B Am Wool .. do pfd . . . do P Dfd. Am Zinc ... Anaconda . . Assd Oil ..; Atchison . . . do pfd At Coast Line. 200 At tl & W 1... 12.100 700 3.400 1.600 2,200 '2,100 " 400 2.500 2.4O0 8O0 1,700 200 8.100 2,300 3,500 80 3.400 4,200 1,600 100 2o0 '10314 1.200 27 Vi 1314 12 "24 fe' fe '3iii 13 8714 . 2514 fe do pfd . .... St L & 8 F. .. Strom Carb. .. Studebaker . .. Swift at Co. ... Tenn C C. Texas Oil Texas Pac Tex PC O.. Tob Prod Tr Cont Oil. .. Un Oil Del Union Pac . . . United Alloy.. United Drue;..! Ntd Fd Prod. United Fruit.. Untd Rds N J do pfd Un Rtl Stores 7.200 U S Ind Ale. . 16,900 U S Rubber... 18,200 do 1st pfd. . TT S Smelting. U S Steel do pfd Utah Cop .... Va Chem . . . . Van Steel Vivandou . . . Wabash do A pfd... do B pfd. . . Wells Fargo. . West Pac .... West Union. .. Westh A B. .. Westh E It M. West Md White Motors. Willys-Ovid .. do pfd ..... Wilson Pack.. Wis Central.. Woolworth Worth Pump.. KO0 W A L E 300 1,000 900 400 35,200 's 00 17,700 1.300 1,300 1.500 6.000 8.600 3.500 100 600 2.S00 1,200 '200 200 100 60,900 00 5.300 1.700 4,000 800 200 1,400 400 500 600 ' ' 'boo 60 300 S.200 1,200 300 45 4S ' 43 22H" 21S ' 2214 34 V ' 33 34 76 ' 6H 7514 92 8114 lfe 8 7 74 34'4 . 82fe 334 21 i . 20 21 li 23 21 14 22- 55 Si 54 14 TV- 744 7Vj 20'4 19 . 1914 1154 1144 ll.ife 22 22 !4 23 9014 90 89 19 1814 1814 106 4 105 106 9 20 10V4 20 57 54 14 1.64 5914 5414 56 5914 B5fe 5914 95 fe 95 95 31 31 81 76 7414 1 7614 1074 107 307 50 48 50 4 28 2614 26 27 x 2614 27 7 6 714 7 - 7fe 74 20fe 20 20V4 14 57 85 52 2 2514 251 88 87 14 87 91 45 43 44 9 914 33 '4 S3 33 , 7 ,7 714. 83 82 . 81 fe 84fe 33 34 '28 112fe 44 43 4414 874 8fe 814 HEM M HT W TOTAL RECEIPTS OVER SUA' BAY ARE 140 CARLOADS.' Prices Weak In Cattle, Sheep and Lamb Divisions Because of Larpe Supply. ' There was a. big run of stock at the yards yesterday, particularly sheep and cattle." A total of 140 loads was received, Cv2lchadozen loads west through. , The market was active throughout the day and. in view of the heavy supply. prices were weak In nearly all lines. 20-year Gold Bonds to yield 8 v - " . Semi-annual interest payable in New York. Denominations $1000 $500 $100 " BONDS. U 8 2s reg. . do coupon V S 4s reg. . do coupon Pan Sj res... IPa con 4fes do coupon ...9 S P cv 5s... A T ft T cv 6s. 97 So Ry 6s... Atch gen 4s 78 !U P 4s D Sc R Q con 4s 63feiu S Steel 5s. .100 IN T C deb s. ..99;N P 4s-...... .104 IN P 3s ... 104 Pac T as T 5s. "83 H.i S7 73 53 87 87 78fe "84 Bid. Liberty Bond Quotations. Range of liberty bond Quotations, fur nished by the Overbeck & Cooke company of Portland: Bis. Liberty 314s c '..$$8.76 Liberty, first 4s Liberty, second 4s... .... Liberty, first 4a... 87.92 Liberty, second 4s. 86.92 Liberty, third 4s.. 91.56 Liberty, fourth 414s.. 87.10 Victory 4s 98.40 Victory 3s 98.40. TOW. Close. .$88.40. $K8.40 . . . . 87.4.2 87.52 86.60 91.42 6B.86 98 34 98.36 Mining Stocks at Boston. BOSTON, June 13. Closing quotations: 27. i24 5 38 fe 11 50 50 H 37 22fe 26 38 2714 1 31 71 27fe 38 27 121 124 -109 1714 1714 3 ' 39 13,300 100 8,400 1.800 1.500 800 15.700 Yo'o "i.Voo 100 1,200 Bid Loco do pfd Balto & Ohio. do pfd Beth Steel B.. B R T Butte C & Z. 3,000 10,500 500 34,200 1.100 , 73 91 57 104 122fe 120 78fe. 93 29 "as 96 79 '83 ' 28fe ; ts "3714 30 , 52 10 fe 414 87 '4 10 48 'A 50 34 21 'iife '4 7 38fe 103' 26 71 91 54 304 120 119 , 72 fe 93 3714 96 78 82" 26 71 '35 fe 49 48 9fe June 13. June 14. June 16, June 17, June 18, Increare. The corn visible -is 12,037,000 bushels, an Increase of 679.000 bushels: oats. 34.433,000 buihels. sn increase of 8,101.000 bushels: rye. 1.231,000 bushels, an Increase of 100. 000: barley, 1. 539,000 bushels, an increase of 85. 0O0 bushels. Bank Clearings. Bank clearinss of the northwestern cities yesterday were ss follows: riearinss. Balances. Portland $7,S0.M4 $il 0,010 Seattle 0,107.101 l.llW.R'W Tai-oma 81W..'57S 53,211 Spokane 2.367j37 $16,964 PORTLAND MARKET QUOTATIONS. Grain, Flour and Feed. -Merchants' Exchange, noon session: June July Wheat Bid Bid Hard white 1 40 x.10 Soft white 1 3X 117 White club 1,18 1 16 Hard winter 1.3ii i.jj Nor. spring .,! 1.33 1.1s Red wal.a 1.32 1.12 Oats No. 2 white feed 2S no 27 00 No. 2 gray .- 30. on SO. 00 Mlllrun 31.00 31.00 Corn o. 2. E. T. shipment . ?to. 3. . F. shipment ..3100 Sl.fM) ..30.50 30.00 FLOUR Family patents, $8.60 per bar- rel: whole wheat. $7: graham, $6 80; bak ers' hard wheat. $8 23; bakers' bluestem patents, $7.73: valley bakers' $7.25; straights, $7 25. aULt.FEKD Prices f. o. b. mill: Mlll run. $33 per ton; rolled barley. $37939; rolled oats. $40; scratch feed. ?52 per ton. CORN Whole. $41; cracked. $44 pet ton. HAT Buying price t o. b. Portland: Alfalfa $18 per ton; chest. $22028 per ton; clover. $16 per ton; valley timothy. $24; eastern Oregon timothy. $J6. Dairy and Country Prod nee. SrTTKR Cubes, extras. 229e per Tb; SruilA, naichnu nt wuuuxaO. bo iou, 30c; SEATTLE, June 13. Wholesale prices to dealers: Eggs Select local ranch, white shells. 27628c; do mixed colors. 27c; pullets, 22 a sc. Butter City, creamery, cuoes. sc; DricKs or prints, 33c; country creamery, - extras cost to jobbers, in cubs. 28c. Coffee Futures Irregular. N6TW YORK. June 13. The market for coffee futures was Irregular today. An pening advance of 3 to' 7 points met scattcrinialiquidation. while there was also some'trace selling on the decline in mil reis prices at Rio. September eased off to 6 90c wfth active months about 7 to 10 points nstrlower. but the Santos market was higher snd prices here rallied in the late trading. September closed st 7c bid or bout 10 points up from the lowest, with he general' market net 1 point higher to 1 point lower. July. 6.61c; September, 7c; October. 7.12c; December. 7.3Sc; )January, Spot coffee? steady; Rio 7s, 7c; Santos 4s, 9 14 10c. Metal Market. NEW TORK, June 13. (Copper, quiet; electrolytic, spot and nearby, 13&13c; June and July, 131S14c. Tin, easy; spot and nearby, 29c; futures, 28.7529c. Iron, nominal; No. 1 northern, 25S26c: No. 2 northern, 23624c; No. 2 southern, 2122.50c. ; Lesd, weak: spot. 4.50c. Zinc, qtliet: blast St. Louis delivery, spot. 4.55e4.65c. Antimony. 5.25c. NEW TORK, June 13. The American Smelting & Refining company today re duced the price of lead from 4.75c to 4.50c a pound. ' N avs 1 Stores. SAVANNAH, Oa., June 13. Turpentine firm, 64 55c; sales, 544 barrels: receipts, 321 barrels: shipments, 654 barrels; stock. 7607 barrels. Rosin firm: sales. 572 barrels; receipts, 1274 barrels: shipments, 1142 barrels: stock. 75.787 barrels. Quote: B, $3.80; D, $3.70J 3.SO; E. $8.733.90; P. $3.95; G, 3.804: H. $3.0004.05; I, J44.20; K. $4.404.50; M. $503.10; N, $5.60; WO, J6.25fc0.30, WW $6.75&7. London Wool Sale. LONDON. June 13. The wool Ruction sales were continued today with offerings of 10.562 bales. lod grades were firm and active at unchanged prices. Lower sorts were quieter and irregular. Dried Fruit at New York. NEW TORK. June 13. Evaporated ap ples, nominal; prunes, firm; Caiifornlas 4lc: Oregons, 8613c. Pesches. steady; stsndard llfec; choice, 13c; fancy. 14fe ts 16 fee. . - Dnlnth Unseed Market. -DTJLUTH. June 13. Linseed on track and to arrive. $1.94. Cotton Market. NEW TORK. June. 13. Spot cotton. Butte & Sup.. 500 12 11 Caddo Oil 900 12 11 Cal Packing Cal Pet 4.900 44 42 do pfd Can Pac 5.100 110 109 Cen Leather... 3,700 36 35 Cerro de P 400 2514 25 Chand Motor.. 8.600 61 5814 Chi & N W... 1.700 63 62 Chi Gt West.. 1,800 7fe 7 do pfd- : 200 1614 16 Chili Cop .... 5,000 10 10 Chino 100 23 , 23 fe C M St P.....' 2,100 23 23 do pfd 200 89 37 Coco Cola 1,700 27 - 26 fe C & O 8,300 55 63 fe Colo F & I 800 27 23 Colo Southern. 700 34 32 Colo O & E... 3.000 53 64 Col Graph 4.300 5 6 Con Gas 1,400 84 fe 83 Contl Can 40O 47 47 fe Contl Candy... 1,900 1 fe 1 Corn Prod ... 7,800 6.5 , 61 do pfd ' Cosdcn Oil ... 900 28fe 27fe C R 1 & P. ... 900 30 28 do A pfd. .. 1,200 71 70 do B pfd. .. 700 61 fe 61 Crucible 33,200 56 . 52 do pfd ..... ..... Cuba Cane ... 8.600 10 9 do pfd 2,000 32 29 Cub Am Sug.. 2,000 17 15 Del & Hudson. 500 94 93 Dome Mines.. 500 16 1614 D & R G do pfd 300 1 1 End! Johnson. 2,000 63 60 Erie 2,100 12 fe 12 fe do 1st pfd.. 1,300 1814 18 do 2d pid... 300 12 12 Fam Players.. 9,000 62 68 Fed il & Sm do pfd ..... 300 22 22 fe Flsk Tire .... 2,700 12 fe 12 Gaston Wms.. 2,700 1 1. Gen Cigars , Gen Electric. 4.300 123 122 Gen Motor ... 2.00 9 9 do 6s 500 '62 6fe Goodyear Gen Asphalt. .. Goodrich . . . .. Gran by ...... Gr Nor Ore. . . do pfd Greene Can... Gulf S Steel.. Hupp Motor.. Houston Oil... Ill Central ... Inspiration . .. lnterboro .... do Pfd Intr Callahan.. lnt Harv . . Int Mer Mar.. do pfd ..... Int Nickel I . .. Int Paper .... do pfd Ir.vin Oil .... island Oil K C Southern. do pfd Kelly-Spgfld Kennecott ... Kevstone Tire. Lack Steel ... Lee Tire . . . Lehigh Valley Lorillard . . . -. 1. & N Mackay Maxw Motor.. Mex Pet Miami Mid States Oil Midv Steel ... M K & T. .... do pfd Mont Power. . Mo Pac do Dfd Mont Ward... M St P&SSM. M & St L Nat Enamel.. Nat Lead . . .. Nev Con New Haven... Nor & Western Nor Pac . . 42.100 2,100 300 io.Voo 100 700 300 2,700 700 500 2.500 2,400 300 2,400 30O 1,900 2.300 8.400 'i.Voo 6.S0O 8.000 300 3.700 1.4001 1,200 1,200 700 1.400 300 400 ' 5814 33 19 27 66 22 31 11 82 88 33 3 1014 ' 4fe 8a 13 51 H 56 '14" 3 24 fe '39 19 32 40 28 4914 147 107 51 33 19 2614 62 22 29 life 60 87 32 3fe ' 9 414 8414 12 49 fe 14 62 "1214 3 23 'is 19 11 37fe 26 48 fe 146 105 4 V 88 10 no 60 31 fe . 58 79 88 o 8 891 72 . 103 26 7414 90fe 57 104 122 120 75 4 20 8 3Sfe 96 79 73 83 28 73 95 87 50 62 9 ,4fe i 11 66 43 7114 110 86 fe 25 til 62fe ' 7 J014 10 23 25 39 27 04 23 84 55 5 84 47 1 64 28 30 71 81 56 83 JO 31 16 92 16 1 62 1214 1814 32fe 61 22 fe 12 1 54 124 9 61 6 50 33 19 26 63 300 8 69,0-( ,132 Nov Sco Steel. N Y Air Brk.. N Y Central.. Okla Prod ref. Ont Silver . . .. Ont 4: West.. Otis Steel .... Pac OH . . . . Pac G & E. ... Pan Am Pet.. do B Penna Peo Gas ..... Pere Marq ... Phila Co .... Pure Oil Pierce Arrow. Pierce Oil .... Pitts Coal ... Pitts 4b W Va. Pr Hteei Car... Pullman Ray Con .... Reading ....."' Remington ... Kepi Steel ... Rep I & S do pfd . . . . , Rep Motors . . Ryl Dutch Oil Ry Steel Spg.. S O Ind Sears Roebuck Shattuck Arix. Shell T ft T... Sinclair SIoss Shef - u i a ....... 00 18,100 200 "Yoo 2,300 2,700 500 "i.Voo 700 1.400 900 2.000 200 14,600 400 100 1,200 2.800 200 100 1.000 26,100 1,500 18.000 2,800 1,900 1,600 2,200 200 6.300 4.600 2,400 . 2,400 2.000 800 8..I0O 900 5.500 200 1.200 12.100 ""'o'6 5,900 600 " 3,6(10 ' 200 - 600 1.400 30 .!)00 2,;u0 life 23 2fe 49 19 3S ,19 ..... . 50 74 10 16 3 66fe 24 fe 66 67 2 - 4 17 30 38 . 60 64 49 34fe 47fe 20fe 30fe 29 fe 21 . 814 57 fe 27 7514 93 32 66 ISfe 22 48 "ii" fe 42 21 35 72 Mis 123 20 11 22 2fe 49" IS 36 18 'I'" 49 72 10 16 92 1 . 24 56 66 1 414 17 10 36 49 50 46 34 48 39 30 23 . 18 7 6614 25fe 72 90 12 65 18 22 43 "ji" 64 79 73" 6 41 20 84 70 W 30 31 62 fe 87 33 3 914 4fe 86 13 50 14 65 90 12 3 ' 24 rio 14 37 fe 19 3J '. 27 49 140 107 64 3 132 11 123 2 4 49 19 3714 .18 63 10 49 74 10 16fe 92 63 24 65 67 1 4 17 '4 10 87 49 64 49 34 . 47 20 30 28 21 7 57 26 75 93 12 66 1H 22 47 80 13 66 fe 79 66 75 6 l 21fe 84 72 19 a :0 Altouex Arls Com Calu A Arix. . . 46 Calu A Hecla. .241 Centennial Cop Range.... East Butte . Franklin ..... Isle Royal le . . j&Me copper. . North Butte OId Dom ... Osceola . . . . . IQuincy 28 steers. 1082 8 steers. 1071 13 steers. 911 7 steers. 1122 25 stey. 1265 1' steers. 1115 3 steers. "76 24 steers. 8U5 2 steers. 1080 23 steers. 1105 IS steers. 925 3 steers. 1063 51 steers. 1052 55 steers. 1070 12 steers.. 1046 2 steers. 913 28 steers. 985 12 steers. 1072 24 steers. 1012 25 steers. 1220 23 steers. 1225 2 steers. 953 2 steers. 885 8 steers. 820 26 steers. 4 140 8 steers. 1040 7 steers. 11. '.0 2 steers. 1105 64 steers. 1063 86.46 62 steers. 1035 87.51 60 steers. 1248 23 steers. 1250 8 cows. . 11 cows. . 6 cows. . 18 cows.. 26 casvs. . 81 cows. . 2 cows. . 7 cows. 8 cows. . 86.66 91.64 86.90 98.38 88.38 Mohawk 49 I 7 Superior 3fe!Sup b Boston. , 8Shannon 2 lUtah Con . . 20 Winona 21 Wolverine .... SWIft Co, 8toks. Closing prices for Swift A Co. stocks at Chicago were reported by the Overbeck A Cooke company of Portland as follows Swift A Co , 92 Libby. McNeill A Libby 7 National Leather '...-74 Swift International 23 Money, Exchange, Etc NEW TORK, June 33. Prime roercan le nwner fiufieflv ner runt " Exchange irregular. Sterling1, demand $3.74, cables 43.75; f ranch, demand 7.94 cables 7.96; Belgian franes, demand 7.92, cables 7.94; guilders, demand 82.70, cables 32.80: lire, demand 6.06, cables 6.08 marks, demand 1.40. cables 1.41; Greece. demand 6.10: Sweden, demand 22.26; Nor way, demand 14.48; Argentine, demand 31.12;' Brazilian, demand 12.87; Montreal, iv 1 o -, .1 per tent uiscouni. Time loans steady,- Sixty days, 90 days and six months, 6fe per cent. Call money easy. High, low ruling rate. offered at and last loan 6 per cent; clos ing bid, 5 per cent. LONDON, June 13. Bar silver, S5d per ounce; money, 4 per cent. . Discount rates Short bills, 5fe per cent Forelgn Bonds, Foreign bond quotations furnished by the Overbeck A Cooke company of Port- lana: - , Ask. 16 6 18 64 50 37 373 873 214 272 69 73 U 1 14 13 34fe 14 14fe in 14 85 85 99 89 97 87 84 fe Seattle Grain Market. SEATTLE, June IS. Wheat Hard hite, soft white and white club $1.85; Russian 5 a, 1921 Russian 514a. IH26 Russian 6fe. 1019 French 6s, 1931 . . . French As. 1917 ... French 5s, 1918 ... British 6s, 1922 ... British 6s. 3927 ... British 5s. 192V ... British vky 4s ... . British ref 4s Belgium rest 5s .. Belgium prem 5s German W. L. 5a . Berlin 4s Hamburg 4s ...... Hamburg 4 fes Leipsig 4fe Leipsig 6s Munich 4s r'. Munich 5s ...: Frankfort 4s ap 4s aD first 4 fes Jap second 4 fes ... Paris 6s U K 5 fes, 1921 17 K 51. 3922 U K 5fes. 1929 .... U K. 5fes, 1937 Bid. 13 4 15 62 4914 3 372 ....363 363 24 .-...262 . ... 66 ....70 .... 10' lOfe 1314 13 ' 13 fe .... 13. 13 ,...14 .. .. 1314 68fe . .. 84 ... 84 99 . .. 99 ... 0714 ... 87 . . . 84 hard red winter, soft red winter, northern spring and eastern red Walla, $1.33; Big Bend bluestem. $1. 40. City delivery: Feed, scratch feed. $51 per ton; baby scratch feed, $67; feed wheat, $55; all grain chop,. $42; oats. $39; rolled nati 141 inrnntinr na.ts. 144: whole httr. lev. I3U: rolled Dariev. 4i: ciiopea soar- 1 r at Digs ley, $46; milled feed. $33: bran, $30; whole I Feeder pigs corn. $40; cracked corn. $42. Hay Alfalfa, $23 ton; double com. pressed alfalfa, $31; ditto timothy, $33; astern vtaaatngton mixed, -; straw,, 23. Grain at San Francisco.. ' SAN FRANCISCO, Cal.. June 13. Grain .Wheat, feed. $2.35$2.50; milling. $l40 50. Barley, feed, $1.151.17j ; shipping. 1.251.40. Oats, red feed. $1.4061.50. Rye, nominal. Corn, white Egyptian, $2.30 62.40; red milo, $2 1U2.15. v Steers were SO cents lower than last week and top cows were quoted $1 cheaper. Sheep end lanrb prlcea were ofr 250 50 cents. The hog market alone held steady. Receipts were 2634 cattle, 114 calves, 808 hogs and 6644 sheeip. The day's sales veere as follows: Wt. Price 7 Wt. Price. 2 steers. 8S3 $ 6.501 16 hogs. . 280 $ 8.25 7 steers. 857 6 o 17 nogs... !'- s.io 6 60: 15 hogs. . 275 8 1'0 6 50t 1 hog... 200 8.25 6 001 15 hogs.. 2S0 8.25 7.73124 hogs.. 198 8.75 7.0034 hogs.. 275 7.75 5 001 6 hogs.. 198 9.25 6 00(14 hogs.. 365 9.25 6.25118 hogs.. 138 ,9 00 6 501 1 hog... 240 8.75 7.25! 8 hogs.. 360 6 00 4A0!16hogs.. 210 8.7,1 6 00 5 hogs. , 230 9.0 7 23 14 hogs.. -355 9. 23 T.25I 1 hog... 170 7 2.' 6 25! 2 hogs.. 205 6 7! 6.50! 12 hogs. . 204 8 0 7.7.-VI 1 hog... 170 8.23 6.731 2 hogs.. 245 7.2S 6 OOl 2 hogs... 160 8.79 6 63! 2 bogs.. 185 7.78 6 651 3 hogs. . 213 Of. 6 50!64hogs.. 213 8.711 6.501 2 hogs.. 873 4.2.1 5.50!44 lamba 66 6 .641 7.751 8 lambs. 76 6.O0 75! 12 lambs. 95 6 00 6 50110 lambs. - 66 6 00 5.501 129 lambs 62 6 00 7.15! 18 lamba. . 70 6.0(1 7.15111 lambs. 66- 6.00 6 65:18 lamba. 69 4 00 6.6.V91 lambs. 64 6 75 1037 6 25(293 lambs 57 6 00 1060 5.25122 lambs. 106 7.00 1150 5. 25144 lambs. 63 5.00 085 4.50140 lambs. : 79 5.50 1045 6.50128 Iambs.' 60 6 75 864 4.151 9 lambs. 72 6.75 1125 5.50152 lambs. 68 5.75 K 7 cows. . 771 2 50 4 lambs. 60 0.13 2014 8cows.. 996 6.50i 12 ewes... 81 100 "7 I 16 cows.. 994 6.7.V 11 ewes. . 103 8 50 87 I 9 cows.. 012 6.75'254 ewes. 97 8 25 S I LI COWS.. .u'j.iaiwoi. u 0.-0 lfe'2"cows. . 1153 5 50! 15 ewes.. 126 3.50 '80 1 18 cows.. 1002 5.751 Bewes.. 110 2 00 3 fe J BSOWS.. liza o. Ul 13 yean.. jaa o.-J 40 I Scows.. 745 4.00.76 yearl. . 88 4 .SO 10 I 2 cows. 1105 5.501227 yearl. 91 6.23 "I a ,..'nu . , Ac . tn 1COWI,, VVV D.nu uDimi., u .vu 2 cows.. 1080 5.50 244 yearl. 91 5 25 2 cows. . 1100 6.30I10 yearl. . 100 5 00 5 cows.. 1026 4.251132 yearl. 95 6.25 6 cows.. 1012 4 50! 9 yearl.. 115 5.00 7 cows.. 1237 ' 6.25'44-yearl.. 83 6.00 2 cows.. 1000 2.73114 yearl. . 103 8 50 4 cows.. 1086 6 23 38 wethers 121 3.00 6 cows.. 895 5.00. 145 weth. Ill 4.23 18cows.. 975 6.0o:i23 weth. 312 4.23 21 cows.. 893 5.50! 50 weth. 107 8 0 16 cows.- 950 6 50 23 wethers 138 8 50 2 cows.. 10S5 5 0O!261 weth. 112 4.00 24 cows.. 930 6 50 220 weth. 113 4.50 7 cows.. 786 4.00 236 weth. 115 4 50 11 cows.'.' 940 5.50 262 weth. 112 4.50 3 cows. 773 4.751 no wetn. ill 4.2a 25 cows.. 9.12 5.751 17 mixed. 98 4.09 8 cows.. 1006 6.25 27 steers. 1745 7.30 20cows.. 903 5.7526 steers. 1180 7.5f 21 cows., 973 6 00 22 steers. 1169 7.5$ 12 cows.. 855. 5.00 33 steers. 110O 7.50 6 cows. 1018 6.50, 1 steer.. 900 6.00 Scows.. 573 4.231 1 steer.. 3040 6.00 21 cows.. 903 5.501 1 steer.. 1000 5.50 52 cows.. 930 5.501 1 steer.. 730 6.50 41 cows.. 925 6.501 1 steer.. 8KO 5.00 2 calves 295 4.00: 2 steers . 7.0 5 75 6calvesi 180 7 501 8 steers. 855 6 75 lcalf.. 220 7.50-, S steers. 960 6.60 6 calves 245 9 001 4 steers. 9S0 6 50 lcalf.. 250 - 7.00. 1 steer.. 1250 7 30 lcalf.. 390 5 50i 1 steer.. 1510 7.25 lcalf... 270 9 50! 5 cows. . 1002 5.50 lcalf... 110 8.00 9 cows.. 930 5.3( lcalf... 130 8.751 Scows.. 1013 6.0C s calves.- 115 8.50 2 cow... 650 6 or 2 calves 143 10.00 Scows.. 840 6 0C S calves. 230 10 00' 8 cows.. -888 6 Ofl 3 calves. 205 9 00194 hogs.. 205 9 23 12ealves. 875 4.00, lhog... 320 7.28 3 calves. 230 7 0O lhog... 4'!0 6.00 18 calves 153 9.00193 hogs. . 154.' 9.13 3 calves 843 6 00' 2 hogs. . 280 7.13 17cslves. 333 4 00 19 hogs.. 195 8.23 14 calves. 175 7.50 15 hogs.. 128 8.7.1 lbull.. 1710 4.00' 14 hogs.. 128 9.2.1 lbult... 1430 4 00. 10 hogs.. 134 9.13 lbull... 730 3.50f 4 hogs.. 128 9.25 lbull... 1500 4.25 lhog... 260 7.00 lbull... 680 -4.00 8 hogs.. 20S 8.7.1 lbuH... 900 8 50! Ibog... 390 5.50 2 bulls.. 1190 6 00'22hogs-. 225 8 75 il bull... 1310 4.00,90 hogs.. 203 9.25 lbull... 1730 4 23,33 bogs.. 360 9 00 lbull... 107O 8.50; 4 hogs.. 230 8 00 bulls.. 1440 8.501 8 hogs.. 193 9 00 lbull... ir0 8.30 3 hogs.. 193 9 00 Istag.. 1170 500111 hogs.. 180 9.25 28 mixed 1025 5.35! 1 17 lambs 66 6 S3 6 mixed 828 4.50 242 lamba 66 6 73 27 mixed 640 3 75! 10 lambs. 61 4 00 8 mixed 647 4.50I2A7 lambs 71 6.20 Livestock prices at the local yards, fel low: Choice steers $7,500 7.75 Medium to good steers 70Otf 7.50 Fair to medium steers 6.00 6.30 Common to fair steers ....... 4.0O 6.00 Choice cows and heifers S-.-.O't 6.00 Medium to good cows, heifers, a.wta 6.00 Fair to medium cows, heifers 4.30$v 5.00 Cm. ner. 2.0OW 3.00 Bulls :i 30'a) 4.75 Choice dairy cows 9 5O610.00 Prime light calves v.mkp vou Heavy- calves 3.00 6.00 Choice feeders 5.2.-ci 5.30 Fair to good feeders 4.75 5.25 Hogs Prime light 8.73 .Jfi Smooth heavv. 2.V to 300 lb 7.25 8.23 Smooth heavy. 300 tbs. and up 6.25 7.25 United Drug Co. Due June 15, 1941 Callable t 115 The business of this company is done principally through, its 8000 stockholder agents (Rexall Stores) and its 227 "Liggett Drug Stores." The combined sales of the company and its subsidiaries during 1920 totaled $68,428,179. Annual sinking fund of $750,000 , to purchase these bonds at the market up to 115. ' Net earnings for past three years have averaged, after taxes, $3,894,630 exceeding 3& times inter - est charges on this issue of $15,000,000 which will represent the total funded debt. The company retailing its remedies through its own stores has bad a remarkable career since its. business was originated in 1902. These bonds are convertible jnto Common Stock of the company at $110 per share at holder's option if exercised by June 15, 1931. The con version privilege may become very valuable. The present market value of the. company's out standing stock approximates $45,000,000 against these $15,000,000 bonds. It is reasonable to expect that long before five years have elapsed market conditions for money ''will permit refunding such of this loan as may be then outstanding on a 6 basis, if not con siderably better. Assuming for illustration that a 6 funding opportunity may exist five years hence these 8 bonds would have a value of lf9.60 to earn 6 for the remaining fifteen years, under which circumstances st would be a great advantage to the company to call them in at 115. These bonds will be listed on the New York and Boston stock exchanges. 20-year 8's at lOO Republic of France Due June 1, 1941 No-CaIlable These bonds are non-callable and can be held by you to earn 8 for full twenty years. The sink ing fund of a minimum of $750,000 monthly dur ing the first five years for purchasing bonds of this issue in the market op to par and interest assures a high market value and ready con vertibility if desired. i These bonds offer an extraordinary investment opportunity. The recuperative powers of France were demonstrated following the Franco-Prussian War, from which it recovered with astonishing rapidity. Ite present recovery, commercially and financially, is equally astonishing. French credits in the markets of the world have increased sufficiently since the close of the war to permit its liquidating about $540,000,000 of foreign debt and at the same time to improve the dollar exchange value of tke franc by about 30. During the first three months of this year the exports of France exceeded its imports by 129, 000,000 francs as compared with an adverse trade balance of 4,872,000,000 francs for the corre sponding three months of 1920. An indication of the possible future market value of these 79i bonds is offered by the history of the French 5s which in 1870 sold at 82 and in 1872 at 84 Vi. These bonds advanced in price as follows: In 1874 to 100;. in 1875 to 106; in 1878 to 116; and in 1880 to 120.85. These bonds will b listed on the New York Stock Exchange. 20-yesir 7Ws at 95' There are no bonds on the market at this time that offer a more desirable investment opportunity from the standpoint of security, marketability and enhancement of value. Being in small as well as large denominations they offer equal opportunity to small and iarge investors alike. We have available a nominal amount of bonds of each of these issues out of our allotment which we offer for immediate confirmation subject to prior sale. We will accept your order for prompt delivery or for later delivery to suit the convenience of funds you have in anticipation or for payment on the partial payment plan. Wire or phone orders collect. Ask for circulars giving full idailt kFreeman, Smith & Camp Co, KOUNB FlOOft Lumbikmens Build raa flFTH AND STARK -WaT I74V9 m . rviai,i'iiKVv I IM WMHClaW WHEAT AT RECORD PRICE FUTURES KKACH XETW LEVELS FOR &EASOX AT CHICAGO. Rousrb beavy Sta(ts KheeD Bast - of mountain lambs Best valler lambs ..... Cull lambs ., Feeder lambs Heavy yearlings ., Light yearlings LiKbt wethers Heavy wethers Ewes O.0OW 7.00 s.onw t oo 9.00(3 6.25 8.50 0 9.25 ea .ts 6 dom 6 Ki s.ooa 6.00 2..V 4.00 4 fOM 4.50 4.5i 4.00 4.50 3 mus 4.00 l.oo r 4.00 DAILY METEOROLOGICAL."- BEFORT. PORTLAND, Jane IS. Maximum temper ature. 67 degrees: minimum. 57 degrees. Ivor reading;. 8 A. M., 24.3 feet: change In last 24 hours, none. Total rainfall (5 M. to 5 P. M ). : men: total rainfall since Sentember 1. 18-0. 44.7Pnches: nor mal rainfall since beptemmjr l. 4.4 Inches: excess of rainfall since- September 1!20. 1.85 inches. Sunrise. 4:1 A. M. sunset. 8:02 P. M Total sunshine June 13. 10 hours 3 minutes; possible sunshine. 15 hours 43 minutes Moonrise Tuesday, 2:24 P. M. : moonset Wednesday. I ll M. si. Barometer (reduced to sea levei) at 5 P. M., 2994 inches Relative humidity at 5 A. M., 65 per cent; at noon, oo per cent; at 5 P. M.. 39 per cent. THS WBATTTTSn. 3? STATION'S. 53 Baker Boise j Boston .... Calgary ... Chicago ... Denver Des Moines Kureka . . . . Galveston .. Helena Juneaut Kansas City Los Angeles) Marshf leid Med ford . . Minneapolis New Orleans! New York . North Head. Phoenix ... Pocateslo... Portland .. Roseburg Sacramento St. Louis. . . Salt Lake.. San Diego. S. Franciscol Seattle .... Sitkat .... Spokane ,., Tacoma . . . Tatoosh 1 3d Valdest Walla Walla Washington Winnipeg . Takima ? a " o Wins 0 541 SOift.0Oll2ISfW 90:0.00 . .(N W 60 82!0.01 40 74 62 74 50 14fW NS 0.0O 80 0.OOI 84i.oo;iosis 920. 001.. S 62 0.00 . ,!KW Chicago Livestock Market. CHICAGO, June 13 (U. S. Bureau of Markets.) Cattle. 19.000. Steers and she stock steady to 10c lower; early top 19.13 paid for mixed 700-pound yearlings; bulk beef Moors $7.508,ES: butcher cows and heifers mostly 5.0t&7.00; bulls stesdy: bulk $4.506 6 00; veal calves gen erally 25c lower; quality plain, bulk $8.50 v9.2o: good stocaers steaay; otners aa feeders dull. Hogs.48.000. Mostly 16 to 20e lower than Saturday average; top $&.25 one ioad; bulk $7.90tr8.1; pigs 10 to 15c lower. ' Sheep. 17.000: lambs, 2Se to 50c lower; sheep 25c lower: native spring lamba, top. $11 73: bulk 111.50011.73;. Inafto ana ritwnn xnrinm held hicher: Washington yearling Iambi $1.S0: western fat ewes $4.50; natives $3 50 34.26. Kansas City livestock Market. KANSAS CSTY. June 13 (U. S. Bureau or Markets. I Cattle. 1300. Ibeef steers, mostly steady: spots strong to shade hi-hr. ton WvftO: bulk $T.00,25: stock era anA feeders steady to stronr: few sales higher: best stockers I7Ja; common kinds 4.00o.ou: all orner classes gen erally steadv: few cows JG.OO'O' 6.2&; me dium to good kinds $4.6065.75; cotters Tnn.rHr 1.100 3 50: bulk canners $2.00 2.25: calves steady to 25c higher: top $8.73; good and choice vealera $7.50e8.ftO t,tm hulls 3.2fi Hogs. 14.OO0. Open 10a 15c lower: later sales 5wl0c lower: closing weaa: snip pers doing little: best lights to packers 17 96: choice 250 pounders $7. SO: 325 noundern $7.SS: bulk of sales $7.650'T9O Buying? Stimulated by Reports of Hot Weather Damage; Eitreme Gains Are ot Heidi. CHICAGO. June 13. Future deliveries ot wheat jumped today to new high price rec ords for the season. Extreme galna, how ever, were not held. The market closed unsettled, 1H to 4o net higher, with July $1.39 to $1.40 and September $1.27 to 11.2741. Corn finished to lo up and mi. un fee tn lc In provisions the out come varied from 10c decline to an ad vane of !Uc. With reports current tening or aamnj from hot winds and or prospective na axe from black rust, the majority ot w 84;0.0Oil4,SB Pt. cloudy 9210. OOL. (NWlPt. cloudy '54 .0.UVt. WW! Clear 74! 9OI0. 001.. IS IPt. cloudy 5!i 70j0.00 . .SW Pt. cloudy 42 64iO.OSll2.SW Pt. cloudy Clear Clear Clear Pt. cloudy Cloudy Pt. cloudy -...i. j steadv: very few over $8.20 Sheep. 3tO. neeo sieaay; mosr . lai native ewe- around $3.50: few at $3. 1 spring lamibs steady to 26c lower: top natives $11.60; buik better fradee $11.00 it 11.00, Pt. cloudy 70 O.OOl22:NWCloudy 80 0.00 ..INK 88 0.0O .. 8 860.0OI24INW 58I0.32I32IS Oil. .IB 001.. W 67KJ.02I.. SW 700.00l. Ot 5810 10 8810 90 0 52 4 O.OIHIS.S 761 94 0.00..iSW 68' 92 0.00 L. NW Pt. cloudy eoi 04io.w . .iw 521 ftfrO.OO'SOINW 62O.1020ISW B4 0.0O . .1 60 76-10. OOUOIVW 54 64i0.18;i4!W 2 560.32 46 5 0.0O SOIO.OO 2'O.0W 82 0.001. 76.0.24 283 !SW iw- NWI Omaha livestock Market. OMAHA. June 13. TT. S. Bureau of Markets.) Hogs, 9500. Mostly 15c lower: closing 25c lower than Saturday's average; ouik ISO to pouna butchers $7.46&7; top $7.75; bulk butchers 250 pounds and over $7.1O4i7.40. battle, tow. stow; Deei steers juc to 20c lower: early ton $3.25: she stock steadv to weak; veals strong to 25c Pt clnndv I higher: other classes steady. best westerns $12.00: 'bulk natives around $7.00: aheep and feeders steady. ICloudy uiear ' Clear Cloudy Clear Clear Pt. cloudy Pt. cloudy Clear Cloudy Clear Pt. cloudy Pt. cloudy ft. cloudy Rain Clear Cloudy Pt. cloudy Clear Cloudy A. M. today. P. M. report of preceding day. FORECASTS. Portland and vicinity Cloudy; westerly inds. Oregon Cloudy; cooler east portion: moderate westerly winds. Washington Probably ahowers; fresh southwesterly winds. Read The Oreonin classified ads. Seattle Livestock Market. SEATTLE. June 13. Hogs weak; reeelptr auotations. prime $8.759.25; smooth heavies $6.7fiS7.25: rough heaviea ti.OOQ 5.50: pigs $8.5010.0O. Cattle, weak: receipts 7?I4: prime steers $7.2648.00; medium to choice $6,0017.00: common to frood $4.00?5.oo: bulls $4.."09 5.50: light calves tll.0012.00; heavy calves $.007.0K . heat traders rushed to the buying sldewhen the market orjened. As much as 6 cents bushel in some casea was added to values before tie eagerness to purchase was over come. Then the maraet ocgan to sn snd attention turned largely to gossip tha country offerings had materially increased The fact, too, gained notice that hot dry weather tended to facilitate rapid progress of the harvest, even though leading to in jury where growth was still needed. Bears made much also! of seaboard messages telling of lack of export business and of foreign offers to resell. Profit taking by holders showed a lull in the final half hour and the market was raj lying at the last. Corn and oats obtained their strength from the action of wheat. Demand came chiefly from shorts. Provisions were irregular. Influenced on the one side by lower hog values and on the other by the upturn in grain. The Chicago market letter received yes terday by the Overbeck & Cooke company ec Cortland said: Wheat New high levels on the crop were made Immediately after the opening on buying or a general character, prompt ed by apprehensive reporta on the crop situation in the northern part of the winter wheat belt and southern spring wheat territory. Black rust is said to be showing up very heavy in northern Ne. braska and many of our foremost thorltics expressed the belief that it may spread to the big spring wheat producing territory. About midday the market weakened, due to ease in the local cash market, where premiums were Quoted cents lower. Little credence was given to reports that exporters were trying to can eel wheat for deferred shipment, as there was evidence of buying for foreign ac count on the late decline. The weakness in premiums today shouldbe ne surprise as futures have advanced rapidly and it Is only natural that there should be least some readjustment, between cash and futures. We look for the market to re spond readily to any -bad crop news from the northwest. Corn Advanced sharply early In the day. but met realising selling in sufficient volume to give the market an easier tone. Receipts of 598 cars were less than peeted and cash prices quoted relatively steady. There was export buying on the break, but the volume of business was not given out up to the close. This market Is steadily working into a strong position and when crop scares begin to make their appearance a substantial advance is very likely to bs registered Oats The early advance attracted profit taking selling in good volume, but offer ings were well taken and the tone of the market at the clous was strong. Practically all advices from the country continue to tell of poor prospects, Rye Futures were Inactive anarollowed the action ot wheat. The cash demand was not good and as a result prices were about 6 cents lower on the basis of 12 cents over July for No. 2 on track. Leading futures ranged as xouows: WHEAT. Oeen. High. Tyw. Close. t 139 Vi t 1.431, $ J.381, $ 1.39 Jury.. Sept.. Jury. Sept. July.. Sept . . L26 .4 .64 Va .89 .414 1.2914 CORN. .65 .66 OATS. .40 .41 S 125 1.27U .4 .64 Vs .88 .4014 .64 .65 .38 .40H MESS PORK. Ju!y.. 17.60 17.60 17.50 17.50 LARD. July... 9 8T 10 00 T M Sept... 10.20 10 82 10.13 10.22 SHORT RIBS. July... 10.13 10 82 16.15 11 Sept... 10.42 10.63 10.40 10.40 Cash prices were: Wheat No. 2 red, $1.58; No. 2 hard, tl.66V. Corn No. 2 mixed, 6394c; No. t yellow. 046rVc Oats No. 2 white, 38V4f39Vic; No. 3 white. 876es8Vc Rye No. 2, $1.39. Barley 58067c. Timothy seed $4.80J. Clover seed $1318. Pork Nominal. Lard $9.77. Kibs $8.75 10 M. Primary Receipts. CHICAGO, June 13. Primary, receipts: Wheat 1,633.000 bushels against 1,219.000 busheis; corn. 1,461,000 bushels against 1.446.000 bushels; oats, 100,000 bushels against 620.000 bushels. Shipments Wheat. 949,000 bushels, against 677.000 bushels; corn, 2.112,000 bushels, against 538,000 bushels; cats, 408, 000 bushels., against 438.0O0 bushels. Clearances Wheat, 2.438.0OO bushels; corn, 21,000 bushels; barley, 141,000 bush. eis; nour. 21.000 barrels. Cariota: Minneapolis Wheat. 419; corn, 00; oats, 79; barley, 77: rye, 9. Winnipeg Wheat, 204; oats, 42; barley, 21; rye, 3. SL Louis Wheat, 84; corn, 90; oats, 49. Duluth Wheat. 61; corn, 86; oats, 16, Kansas City Wheat, 332; corn, 119; oats, 9, Minneapolis Grain Market. MINNEAPOLIS, June 13 Barley. 460 63c; flax. No. 1, $1.87 14 1.89 Vs i wheal, July, $1-41 Vs. Winnipeg; Grmln Market. WINNIPEG. June 13. Wheat July, $1.81; October. $1.42Vi. Coffins of marble and stone were used by the Romans. Canal boats form tbe homes of 25.000 persons In Knelarwl. Chantanqua-in Progress. ErDDLES. Or., Jane IS. (Special.) Riddle's first Chatauqua, the Cad mean system, was in progress and being well attended. Phone your want ads to The Ore. gonlaa. Main 701!), Automatic 560-95.. a HOTEL HOYT 8trlctly Fireproof. Near both depots and convenient car aerrlo to all parts of elty. Plnrlrf Room Without Bath, 1 and Bp Single Booms With Bath. K2 and op - B. BOBK, Manager. r 0ver8 French Republic 20-Yr. External Gald Loan TVs Bonds PRICE 95 YIELD OVER 8 Payable In TT. S. Gold Coin. Pen. $100. $500 $1000. An Ideal bond for the Investor becanse it is NON'CAW. ABLE, and backed by a sink ing fund and repurchase pro viso. - 1 7- Income Tax Exempt 6 Imp, Boad. IDAHO FALLS, ' Idaho Est. Mat. 1921-J. Prices to pel T. Assessments for payment of these bonds are placed on the ireneraJ tax roll and are collected alone: with other taxes. Den. $100, $500, 11040 LUMBERMENS Iktrs i Qanr -BANK BROADWAY AAD OAK. WIS OFTKR A KID rTRESKRVEm,r rkcomnfvd TUB I .V SOLD roKTIO Of $45,000 City of Pomeroy, Wash. B1 Water Byatrm Bond. Denom. H0O0. Maturing; 1926-49. Prices 8S.75 to S5.73. Yielding 6 rOMTTHOY Is In the heart of on of the richest farming; sections of the Northwest, and the net bondel indebtedness of L.KS8 THAN (INK PER CENT in an Indication of th worth of this security as a con servative investment. WE SrOOEST IMMBD1ATW j IIESKRVATIO.N. J G. E. MILLER & COMPANY BONDS GOVKH!VrKlVT Ml MCIIML, CORPORATION TELEPUOM5 MAIN 41!M$ ' 204-S-4 Norfawestrrm Bank Rofldlss: PORTLAND. OHK(.0. French' Republic Twenty-Year 7Vi Cold Bonds Due 1841 nirert obligation of tn French Government. Cannot be railed. Protected! by strong- sinkinf fund payments. Offered subject to prior sal at price to yield over 8 Circular on Request for OR-89T. The National City Company Offices In mors than RO dtlem, iFosi It I ds;-, Portland, Or. ' Telephone Mala 72. HOW LONG WILL IT LAST? That is the important question to be considered in the purchase of anything: and especially about pavement. Long1 life happens to be the one GREAT quality in Warrenite - Eitulithic. Note the excellent condition of the pave ment on Fifth street, Portland, Oregon, now passing: its 16th year.