Morning Oregonian., June 30, 1921, Page 21, Image 21

21 ;
EXPORT TRADE ENLARGED!
STOCK PRICES ARE HIGHER
TTTT? .MORXIXG ORECOXIAX, TITTJRSDAT, JTXE 30, 1221
FIRM TO STRONG UNDERTONE
IN YVALI STREET.
Steels and Equipments Strength
ened by Reports That Railroads
to Be in Market for Supplies.
KEW TORK. J one 29. Business on the
atoek exchange today u dull, but a firm
to strong undertone prevailed
Buying for both accounts, notably,
among steels, equipments, domestic oils,
motors and speculative specialties, effected
further recoveriei of 1 to 4 point. These
were irregularly scaled down in the final
hour on the rise of call money from to
per cent, the maximum quotation of re
cent weeks. The net result, however,
shewed a majority of gains.
wton would enter the market for much
needed supplies. Coppers strengthened on
foreign purchases of the metal.
Rails were Irregularly higher, although
miBv Mav statements of earnings again
proved disappointing. Southern Pacific's
annual report, showing net returns equal
to 10 07 per cent, exertea lime innuence.
Sales amounted to 55,000 shares.
The hieher rate for demand loans and
small offerings of time money occasioned
little surprise. Federal reserve banks will
withdraw an additional $ i0.ooo,00O tomor
row, or a total of $rt2,00.oOO for the week.
Foreign exchanges again were governed
by London, where sterling and most con
tinental rates moved more favorably to
this oemer.
Liberty bonds were Irregular, the 3',is
declining to 86.44, within a fraction of
their low record. Total sales, par value,
111.373.000.
CLOSING STOCK QUOTATION'S.
(Furnished by Overbeck & Cooke com
pany, Portland.)
sales.
Sinclair 8.400 21 20 20t$
Sloas Shef .. 20 33 Vi 32 33
Sou Pacific... 3.0 Ti'i 72 73
Sou Ry 500 191, 184
do pfd 500 44 "4 44 4.V-S
St L & S F. . 2.S0O 2am 22 23
Strombg Carb l.frMI SS74 314 334
Studebaker .. 70,100 77'4 75 77
Swift & Co 90 8!H4 80
Ten Cp & Cm 7 714 74
Texas Oil 7. too 8:(4 33 33
Texas Pac ... 2.900 234 22 224
Tx Pac C 4 O 14.000 20 , 1 2014
Third Ave .. 1.100 1514 15 15
Tobc Products 1.200 545, 3314 534
Tran Contl Oil 5.900 8Vt 7 '4 8 "4
Union Oil Dei 300 lit IS IS-
Union Pacific. 1.000 116 11514 115
United Alloy 21
United Drug. . 300 S4 84 4 83V4
United Fd Prd 1,"0 17'4 1H IT
United Fruit.. 1.500 108 loti 10S'4
Untd Rtl Strs 3.400 54 5314 53
U S lnd Alco 2.TOO 54 53 3314
U S Rubber.. 14,100 54 51 53
do 1st pfd. 100 03 !I3 02
tT S Smelting 28
U S Steel 39,000 75 73 74 14
do pfd 100 107 107 10714
Utah Copper. 1.3O0. 48H 474 48
Va Chem 1.700 2R4 2414 26
Vanadium Stl 3.600 20 28 V, 29 H
Vlvandou .... 200 7 7 6
Wabash Soo 7 7 "
do "A" pfd 3O0 20 Vj
do "B" pfd 600 13
Wells Kargo 54
Western Pac. 200 24 24Vj 24V4
Western Union .... 86
Westghse A B Si
Westg K 4 M 800 45 44 H 44 "4
West Jld .... 300 9V4 9V4 Vi
White Motors. 4O0 32 31 31
Willys - Ovrid 2.71)0 7- 6 7t4
do pfd .... 1.300 31 Vs 2914 81 !
Wisconsin Cen 200 28
Woolworth ... 100 110 110 110
Wthgtn Pump '200 42 42 42 "4 j
W & L E 800 9 8 8
DROCTH REPORTS ALSO FAC
TOR IN WHEAT'S UPTCR.N.
BOXDS.
U S 2s res. ..loo INor Pac 4s..
s coup.. "too no as . . .
do :
do 4. res. . .'104'Pac T & T Ss.
ao cv s cp.'iu4li fenn con 44s.
Pan 3a rea.
A T & T cv 6s
Atchen gen 4s
D R con 4s.
X V C deb 6s..
74 ISO Pac cv 5.
97 iso Railway 5s.
74 Union Pacif 4s
63 U S Steel 5s..
89
74
3414
82
84
84
81
79 VI
93
Bid.
300
liMI
20O
' '466
400
KOO
1.3'M
4(0
2.1O0
1IM)
1110
700
" .VH
21
1.200
3"0
S.iOO
2,300
1.400
5.500
6.5O0
oO
2.0O0
400
6.0O
L'OO
soo
3.WIO
8ih
BOO
5.000
7.000
100
200
200
300
'2.300
2.3IK)
4O0
3. 01 0
3.0 10
0O0
31 )
1.1'Ml
600
800
2.10
1.600
1.800
" 6O0
700
1.300
Adms Exp....
Agr Chem . . .
do pfd
Ajax Rubber. .
Alaska Gold. . .
Alaska Juneau
Allis - Chlmrs
do pfd ....
Am Beet Sus
Am BoMh ..
. Am tan to. . .
do pfd ....
Am Car & Fdy
do pfd ....
Am Cot Oil..
do pfd ....
Am Drug Syd
Allied Chem..
Am Hde & Lr
do pfd
Am Ice
Am Intl Corp
Am Linseed..
do pfd ....
Am Loco ....
do pid ....
Am Saf. Rzor
Am Shp & Cm
Am Smelter . .
do pfd .
Am Stl Fdy..
Am Sugar ...
do pid ....
Am Sumatra.
Am T & T
Am Tobacco. .
do "B"
Am Wool ....
do pfd ....
Am W P pfd
Am Zinc ....
Anaconda ....
Assd Uil
Atchison
do pfd ....
Atl Coast Line
Atl Ulf & W I
Baldwin Loco. :
do pfd ....
Balto Ohio.
do pfd ....
Beth Stl B" 16,100
B R T
Butte C Z.
Butte & Sup.
Caddo Oil . .
Calif Packing
Calif Pet
do pfd ....
Canad Pacific
Cent Leather.
Cerro de Pasco
Chand Motor.
Chicg & N W
Chkg lit W..
do pfd ....
Chili Cop ...
Chino
C M St P.
do pfd ....
Coco Cola . .
C & O
Colo F & I..
Colo Southern
Col Gi & Elc
Colura Graph.
Con Gas .
Contl Can ...
Contl Candy..
Corn Prod . .
Co.-den Oil . .
C R 1 & P
do "A" pfd
do "B pfd
Crucible
do pfd ....
Cuba Cane ..
do pfd ....
Cubn Am Sug
Del & Hudson
Dome Mines..
D & R G
do pfd ....
Endi Johnson.
Erie
do 1st pfd.
do 2d pfd.
Famus Plavrs
Fd Mng & Sm
do pfd ....
Flsk Tire . . .
Gaston Wms . .
Gen Cigars ..
Gen Electric.
Gen Motor. . . .
Gen Mot 6 .
Goodyear
Gen Asphalt..
Gooaricn
Granby
Great Nor Ore
Great Nor pfd
Greene Canan
Gulf S Steel..
Hup Motor ..
Houston OH..
Ills Cent
Inspiration
It Agr Corp. .
do pfd ....
Interboro ....
do pfd ....
Inter Callahan
Int Han-ester
do pfd ....
Int Merc Ma.
do pfd ....
Int Nickel ..
Int Paper ...
do pfd .
Invincible Oil.
Island Oil ..
Jewel Tea. . . .
K C Southern
do pfd ....
Kelly - Spgfld
Kennecott ....
Keystone Tire
Lack Steel ..
Lee Tire
Lehigh Valley
L & N
Maxwell Motor
do 1st pfd.
Mex Pet
Miami
Mid States Oil
Midvale Steel.
M K & T
4lo pfd ....
Pac
do fd . .
Mont - Wafd
M S P S S Jl
Nat Enamel..
Nat Lead . . . i
Nevada Con..'.
New Haven . .
Norfolk & W.
Nor Pac
N Y Air Brake
N Y Central.
Okla Prod ref
Ontario Silver
Ontario & W
Otis Steel ...
Pacific Oil ..
Pac Gs & Elc
Pan Amn Pet
do "B"
Penna
Peo Gas ....
Pere Marqette
Philad'phia Co
Pure Oil
Pierce Arrow.
Pierce Oil ...
Pitts Coal ...
Pitts & W Va
Press Stl Car
Pullman ......
Ray Cons ....
Reading
Repiogle Steel
Republic I & 3
do pfd
Rep Motors-
Ryl Dtch il
Ry Steel SlS 100
rs u ina v
Sears Roebuck -.84,00
Shattuck, Arix
Shell T & T. . .300
High.
37"
Low.
36
3114 31
2
34
26
78
124
is '
38
10
30 '4
57
35
23 'a
1.000 81
36
26
74
54
102
110
118
70
06
27
20
32
26
37
lot,
48
57
34
23
78
4
36
26' '
72
53
102
US
117
68
!5
6ll 37 36
70
78
86
2..
71
78
. 77
85
24
68
5.000 37 36
47
10
ii''
3S
100
33
25
54
63
7
16
lo
23
25
30
30
52
35
56
3
2.700
2.50O
6,600
"200
4.100
V.2O0
2.100
900
600
100
300
3.1O0
I.400
300
100
S.7O0
600
100
1K
O0
44.400
300
81.300
I.20O
200
200
2,200
200
300
1.100
50O
5oo
MiO
100
20
30
i
59
9
27
14
i7
1.
5
12
18
11
38
107
34
23
53
63
7
15
10
23
37
20
51
35
55
4
44' "
65
28
29
61
57
'''
26
14
i7
"
11
57
12
18
Bid.
37
36
60
1
31
70
28
33
26
76
123
108
18
36
4
3S
10
30
56
34
22
58
81
100
4
7
36
70
26
73
90
53
102
118
117
60
95
8
36
94
79
78
85
. 24
70
97
37
48
47
10
4
11
36
3N
10
loS
34
53
6.1
7
15
10
23
2.)
3S
20
52
3.-.
55
51
86
45
1
66
30
60
.1.
75
26
14
94
17
Liberty Bond Quotations.
Range of liberty bond quotations, fur
nished by the Overbeck 6 Cooke company
of Portland:
Closing
High. Low. Bid.
Liberty. 3s 87.10 86.44 86.60
do, 1st 4s 87.00
do. 2d 4s 88 66
do. 1st 4s 87.50 87.04 87.10
do, 2d 4s 86.78
do. 3d 4s 90.90
do. 4th 4s 86 92
Victory. 4s 98.46
do, 3s 98.44
Mining Storks.
BOSTON, June 29. Closing
86 70
90.72
86 84
98 40
98.42
86.74
90.72
86.86
98 44
98.44
Alloues
Ariz Com ....
Cal A Ariz...
Cal & Hecla. .
Centennial . . .
Cop Rnge Con.
K uutte cop. . ,
Isle Roy Cop..
Lake Copper. . .
Mohawk
quotations:
20 North Butte ... 9
7 Old Dominion.. 19
47 lOsceola 26
227 IQulncy .... 36
7 Superior 3
33 iSup A Bos Mln 1
8 Shannon 80
18 Utah Cons 3
2 Winona 40
47 k. Wolverine 9
Money, Silver, Ktc.
NEW TORK. June 29. Prime mercan
tile paper 6 t6 per cent. Time loans
steady; 60 days. 90 days and six months
6 per cent Call money firmer: high 6
per cent, low 5 per cent; rutins rate 5
per cent; closing bid 5 per cent, offered
at 6 per cent: last loan 6 per cent; bank
acceptances 4Q5 per cent.
Bar silver Domestic 99; foreign 59.
Mexican dollars 45 c.
LONDON. June 29 Bar silver. 35 d
per ounce. Money 3 per cent. . Discount
rates, shot bills 5 per cent.
59 58
300
300
5lO
800
1
54
12S
11)4
54
31
20
66
.20
33
HT4
54
80
4
11
82
1
54
127
10
53
20
20
27
65
20
32
11
53
80
31
3
10
4
81
400 10 10
1,0110 48 48
000 14 13
S.000 54 51
"900 ii ii"
3.1011 3 3
400 9 9
1.900 25 24
Sf. io6 38 37
1.5O0 18 18
1.700 10 10
S.OOO 39 38
1.900 27 26
"Sod 109 108
43,600 lU' iii
600 20 "0
800 11 11
1.000 24 23
200 2 2
2O0 4 4
I'M) 47 47
TOO 20 19
900 3S 38
900 18 17
"206 ii ii"
2,000 17 17
3.200
100
S"0
1 200
' "166
i.soo
M0
8.400
1.10O
400
5O0
900
2.0OO
8.200
"406
20O
300
5i 0
100
7,500
60
56
69
17
35
52
40
4:;
33
511
19
26
19
53
26
67
96
12
67
8S
56
68
34
31
47
43
33
50
18
26
18
is" "
26
66
96
12
65
1"4
58
12
1814
13
38
12
1
.14
12.
11
62
'4
54
, o
20
65
20
32
11
53
80
32
7
an
3
11
4
HI
101
10
48
13
54
90
11
9S
25
50
37
18
10
38
49
109
3
3
112
20
11
23
2
4
47
10
38
17
64
43
72
11
17
93
6X
56
69
1
3
1 1
9
34
32
4
43
33
50
18
30
26
18
8
55
26
66
Swift 4 Co. Mocks.
. Closins prices for Swift & Co. stocks at
Chicago were reported oy overoeck at
Cooke company o Portland as follows:
Swift Co 9n'S
Libby. McNeil & Libby 7
National Leather 6
Swift International 24
Foreign Exchange.
Foreign exchange rates at close of busi
ness vesterday. furnished by Northwestern
National bank of Portland. The amount
quoted is the equivalent of the foreign
nnit in United States funds:
Country and foreign unit Rate.
Austria, kronen t .0025
Belgium, francs 0810
P.ulgarU. leva 0125
Csecho-Slovakia. kronen 0150
Dvnmark. kroner 1705
England, pound sterling 3.7650
Finland, finmark 0185
France, francs 0SO9
Germany, marks 0141
Greece, drachas 0605
Holland, guilders , 3355
Hungary, kronen 0043
Italy, lire 0408
Jugo-Slavia. kronen GO-.!
Norway, kroner .1450
Portugal, escudos 1405
Roumanta. lei 0155
Serbia, dinara 0283
Spain, pesetas 1315
Sweden, kroner .2235
Switzerland, francs 1705
China Hongkong, local currency.. .497J
Shanghai, taels .6725
Japan, yen 4H23
Chicago Market Gains 4 to
Cents and Closes - Strong.
Bulges in Corn and Oats.
CHICAGO, June 29. Wheat prices re
bounded today with vigor from yester
day's big tall. Much export business had
developed and crop reports were the worst
iar this season. The market closed
strong. 4 to 6c net higher, with July
31.23 to SI. 24 and September 11.22
to $1.23. Com gained 3 to 5c and oats
to lc. Provisions finished unchanged
to 22c higher.
Although some depression was shown
at the outset in wheat, prices quickly be
gan to climb and throughout the re
mainder of the session the course proved
to be practically all toward higher levels.
It was estimated that export sales over
night had totaled 1,250,000 bushels, and
that further European demand was in
prospect, for drought reports were at
hand from Russia, Roumania, France, Ar
gentina and Great Britain. The advices
from Russia were so distressing as appar
ently to place that country altogether out
of possibility as a source of supply this
year. In addition, reports from the do
mestic spring crop belt left but little
doubt that unless rains came almost im
mediately, the yield would be reduced at
an alarming rate.
Complaints of excessive dry weather in
many sections gave, rise to syne anxiety
in regard to corn, which caifsed an un
usual bulge in values and oats were
hoisted as a result.
Provisions averaged higher with hogs
and grain.
The Chicago market letter received yes
terday by the Overbeck & Cooke company
of Portland said:
Wheat The action of the market today
was a surprise to the majority of the
trade and demonstrated that liquidation
yesterday was very thorough. Nothing
new in the way of news was disclosed, ex
cept that there was some evidence of an
improvement in the export demand and
cash markets displayed a firmer tone.
Sales abroad were placed at 1,250.000
bushels. Offerings from Illinois points
were said to be more liberal on the basis
of July prices to half cent over for ship
ment by July 20. Crop news was mixed,
but all advices agreed that the north
western situation is critical and good
rains needed to aave the crop. Showers'
are predicted for the three northwestern
states, but will have to be general to be
of any importance. One factor which has
been overlooked to a large extent is the
European crop outlook, which is by no I
means favorable and suggests that the
import reauirements next year will be
nearly as large as In the year Just closing.
This means a decidedly strong situation in
this country ultimately and although the
marketing of the new crop and the lack of
huvinflr nower mav have a tendency to
bring about declines from time to time, the
general tendency of prices is very likely to
be upward.
Corn Active buying oy leading snort in
terests found offerings rather scarce and
the market held very strong right up to
the close, which was at the highest point
of the day. The cash demand showed an
encouraging Improvement and spot prices
were ouotable 24 cents nigner. snipping
sales totaled 110.000 bushels, of which 75.
000 bushels went to exporters and advices
from the seaboard Intimated that a mucn
larger business was being done. The fa
vorable crop outlook was entirely without
influence and the trade seemed more in
clined to realize that It is a long time
between now and the gathering of the
crop and the critical period must still be
passed through.
Oats The feature of the trade was de
mand of futures from recent sellers. Sell
ing nresHiire was small and there was evi
dence that the liquidation of the past sev-
mi riuvs has about run its course.
,.inta estimated at only 100 cars an
met a good demand at yesterday's basic to
a shade better, tjrop aovices oinuu f
erally unfavorable and many disappointin
threshing returns are expecieu.
Ailvinrfd sharoly on buying
seaboard Interests and covering by shorts.
... v. n .ri-ive was ofrereo more ireei
Inrt hiri. to the country were reduced. The
market was steady at 3 cents over
July for No. 2 on track.
Leadins futures ranged as follows:
WHEAT.
Ooen. High. Low.
S 1.1S I 1.24 S 1.18
CORN.
.62
.63
OATS.
.36
.38
mi
t (LMi.
rair W
anil
July
Sept
July
Sept
July
Sept
1.17
.37
.59
.35
.37
1.16
by
Close,
t 1.23
1.22
.R7
.59
.35
.37
.61
.62
.36
.38
MESS PORK.
NEW TORK, June 29 Exchange, heavy.
Sterling, demand. '13.73; cables. 13.74.
Francs, demand, 8.01; cables. 8 03. Bel
gian francs, demand, 7.97; cables, 7.99.
Guilders, demand. 32 80: cables. 32.00. Lire,
demand. 4.89; cables, 4.91. Marks, demand.
1.32: cables, 1.33. Greece, demand, 5.80.
Sweden, demand, 22.22. Norway, demand.
14.32. Argentine, aemand, 30.LM. Brazil
ian, demand. 11.50. Montreal, 12 1-16 per
cent discount.
Foreign Bonds.
Foreign bond quotations furnished by the
Overbeck & Cooke company of Portland:
July.
Sept.
IT. 70
17.90
July.
Sept.
July...
Sept. . .
Bid. Ask.
Russian 5s, 1921 13 16
do 5s, 1926 4 8
do 6s, 1919 14 17
French 3s. 1031 61 82
do 4s, 1917 49 50
do 5s. 1920 70 71
Italian 5s, 1918 38 39
British 5s. 1922 376 386
do 5s, 1927 367 376
do 5s, 1929 367 377
do vky 4s .i 284 294
do ref 4s ...264 274
Belgium rest 5s .' 66 69
do perm 5s 70 73
German W. L. 5s 10 12
Berlin 4s 11 12
Hamburg 4s 12 13b
do 4s 13 14
Leipslg 4s 12 14
do 5s 13 15
Munich 4s 13 14
do 5s '. . 14 16
Frankfort 4s 13 15
Jap 4s 69 69
do 1st 4s 84 84
do 2d 4 s 84 84
Paris 6s 99 11-16 90
U K 3s. 1921 99 99
do 5s. 1022 97 ' 97
do S'-is. 1029 88 88
do 5s, 1937 83 83
11.34; No. 2
No. S
1.900 47 45
6.000
34
68
53
77
66"
41 41
12
66
20
46
80
13
33
7S
62
66
6
41
6AJf FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits,
Etc, at Bay City.
SAN FRANCISCO, June 29. Vegetables
Asparagus, 3&10c: potatoes, sl.2o2. 2a
on'ona, new red. 5075c; green, $1,505
75 box: tomatoes. Imperial. $l-2o
crate: Merced. S2W2.23 box; garlic, 40u
peppers, 10$20c; peas, 56c; beans,
tring. 11 saca; garaen, iu?ii-c; Deeis,
&1.75&2 sack: carrots, $1.25u1.50 sack.
poultry nens, .utvc; oroiiers, aun
31c; fryers, 3255c; young roosters, 20?
5o; old roosters, loQploc; ducks. 25JOc
aeese. 25 30c; turkeys, live, 35c; dressed
45k250c: Belgian nares, live, iawiic
squabs, fancy. 35 6 40c: pigeons, $3 dozen
r ruit uranges, aiencias, sig.tju; lem
ons. $607.50: grape fruit, $2 504; straw
berries. 30&60C drawer; loganberries, 2
35c drawer; raspberries, 60&73c; black
berries, 3040c; cherries, 4&12c; Blnga,
10620c pound: apricots, $11.30 small
lug; peaches, $1.251p2 crate; cantaloupes,
standard, $2$2.50; ponies. $1.50)1.75;
flats, 75c$l; figs, 501750 single-layer
box: currants.. tl.lj1.30 drawer; plums,
$1.50f&2.25 crate; watermelons, 23c;
grapes, $2.75tr3.25 lug.
Receints Flour. 1482 quarters: barley.
12,972 centals; beans, 457 sacks; corn, 100
centals, potatoes. 1121 sacks; onions. 304
sacks: hay. 314 tons; wool. 805 sacks
butter, 250 centals; eggs, 53.757 dozen;
cheese. 784 centals;, hides, 1416; livestock,
1236 head.
ARE FARMERS SMART?
When they have Veal. Pork. Poultry.
Cascara. Beans. Honey. Wax. Hides,
Wool. Mohair and any other articles,
thev are smart If thev ship them to
Rl BY CO.. 169 Front street. Port
land. Or., who have ' been in buelnees
Cor 16 vears and are reliable.
SPECIAL PRICF PAID FOR
CHltKlNS SHIPPED THIS WEEK
Naval Store.
SAVANNAH. Ga.. June 29. Turpentine,
firm. 50c: salea. 317 barrels; receipts,
603 barrels: shipments, 322 barrels; stock,
7225 barrels.
Rosin, firm; sales 1649 casks; receipts,
1186 casks; shipments, 72 casks; stock.
82,109 casks. Quote: B. D. E, F, G. $3.30;
H. $3.60; I. $3.65; K. $4.05; M, $4.50; N,
$5; WG, $5.63; WW, $6.20.
Dried Fruit at New York.
NEW TORK, June 29. Evaporated ap
ples, nominal.
Prunes, better export demand.
Peaches, quiet.
Cotton Market.
NEW TORK, June 29.
quiet; middling 11.75c.
Duluth Linseed Market.
DULUTH, Minn., June 29. Linseed .on
track and arrive $1.79.
Spot cotton
LARD.
10.25 10.42 10.22 10.42
10.57 10.77 10.57 10.i7
SHORT RIBS.
10.33 10.42 10.32 10.42
10.60 10.70 10.60 10. ,0
I'nah nt-irea were:
Wheat No. 2 hard,
CI 94
Corn No.' 2 mixed. 67V458; No. 2.
yellow, 58f59c.
Oats No.. 2 white, 35036o;
white. 34&34c.
Rye No. 2. $1.22.
Barley 33 6 62c.
Timothy seed $4. 5011 6.
Clover seed $134)10.
Pork Nominal.
Lard $10.40.
Ribs $9 87 g 10.87.
Primary Receipts.
CHICAGO.. June 29. Primary receipts
wheat. 812.000 bushels versus 658.000
bushels: corn. 1,212,000 bushels versus
i ''4!; ooo bushels: oats. 701,000 bushels
i..rna 4K7 000 bushels.
Khlnments Wheat. 513,000 bushels
versus 755,000 bushels; corn, 663.000 bush
els versus 538.000 bushels; oats, 236.000
hihls versus 433.000 bushels.
Clearances Wheat. 628.000 bushete; rye.
24.000 bushels: flour, 4000 barrels.
Car lots Minneapolis, wheat 2So, corn
19, oats 18. barley 41, rye 10. Kansas City,
wheat 100, corn 39, oats 9. St. Louis,
wheat 30, corn 18, oats 11. Winnipeg,
yheat 92. cats 62. barley 22. Duluth,
'wheat 149, corn 3, oats 11, barley u.
rye 27. .
Winnipeg' Grain Market.
WINNIPEG, June 29. Cash wheat No.
1 northern. $1.SS; No. 2, $1.85; No. 3,
$1.82: No. 4. $1.70; track, $1.77;
oats. No. 2 white, 48c; No. 3, 43c; No.
1 feed, 43c; No. 2. 42c.
Minneapolis Grain Market.
MINNEAPOLIS, June 2fl. Flax No. 1,
$1.74 tj 1.7S; barley, 44i80c; wheat, July,
$1.23; September, $1.27.
Grain at San Francisco.
SAN FRANCISCO, June 29. Grain
Wheat, milling, $2.132.20: feed. $2.15
2.20; barley, spot feed, $1.10& 1.15; ship
ping, $1.2flljf 1.25. Oats, red feed, fl.Mfrp
1.40; corn, white Egyptian, $2.1062.20;
red mllo. $1.0002.10.
Hay Alfalfa, $9gl4: wheat, $13(318
oats. $10015; barley, $1012.
To Creditors of Morris Bros., Inc.
For four months this committee has been laboring
unceasingly to make up a pool of creditors represent
ing ones-million dollars in claims to take over the assets
and business, as the best method to get the most for
each creditor.
IV
There is no other sound method known to business
men whereby the result we seek can be gained. Reor
ganization is the standard plan used by all big bankers
and business men to avoid the great sacrifice in values
that inevitably occurs in bankruptcy sales.
The million pool is finished. Now we must check
the' validity of each agreement before completing our
plan. To offset any variations we are going to accept
over that amount as a factor of safety.
Until this checking of agreements is completed, you
are invited to send in your signed trust agreement and
join the pool.
So Last Call and Fair Warning
Do not charge us with unfair-dealing if, in the final
result, the members of the pool get more money than
those who remain outside.
The plan is safe, sane, sound and profitableand
every one has had an equal opportunity to participate.
Creditors' Reorganization Committee
MORRIS BROS., Inc.
1309 Yeon BIdg. Main 6154
For
TIT
July investmen
We own and offer for immediate delivery:
Yield about
$11,500 Portland. Or.. Imp. 6s 1927 5.80 I
Due Mar. 1, 1931. Est. Sept. 1. 1927. M. A S. Den. $1000-$5QO. Price U
1.000 Crook County. Or.. Road 6s. . 1933 6.00 '
Due Dec. 1, 1933. J. and D. Denomination $1000. Price 100.
8.000 Douglas Co.. Wash.. Road 6s... 1 922-25 6.00
Due serially. 51. and N. Denomination $500. Frit. 100.
2.000 FrankwoodSchl.Dis.(ai.)6s..1923 6.00
Due May 13, 1923. M. and N. Denomination $1000. Price 100.
1.500 Whatcom Co.. Wash.. Road 6s.. 192 5 6.00
Due Aug. 1, 1025. F. and A. Denominations $1000-$500. rrlce 100
2.000 Burlingame. Cal.. Imp. 6s 1925 6.50
Due July 2. 1925. J. and J. Denomination $500. Trie. DS.2,
3,094 Fresno Co., Cal., Road Imp.
Dist. No. 1 7$ 1923-27 6.50
Due serially. J. and J. Den. $1000-$773.63. Price 1OO.02-1O2 4S.
1.056 Turlock. Cal.. Imp. 6$ 1924-27 6.50
Due serially. J. and J. Den. $55.85-$500. Price 97 55 0S 6.
9.500 Casper. Wyo.. Imp. 6$ 1926-27 6.46-6.54
Mature serially. M. and S. Denomination $500. Price 07.30.
5.000 Beaver City. Utah. 5Y2 1937 6.75
Due Mar. 15, 1937. Opt. Mar. 15, 1927. M. and S. Den. $1000. Price 87.99.
800 Dixon. Cal.. Imp. 7$ 1923-26 6.75
Due serially. J. and J. Den. $500-$100. Price 100.50-101.10.
8,500 Marshland D. D., Columbia
Co., Or., 6s 1927 6.75
Due June 1, 1927. J. and D. Denomination $500. Price 98.2a.
5.000 Vernal City, Utah. Waterworks
5J2S ...1937 6.75
Due June 1. 1937. Opt. June 1, 1927. J. and D. Den. 1 1000. Price tl.ti.
5.000 Astoria. Qr.. 5s .. .1940 7.00
Due Nov. 1, 1940. Est. Nov. 1, 1930. Den. $1000-$500. Price $6 $0,
8.200 Toppenish, Wash.. Imp. 7s... 1921-25 7.00
Mature serially. Denomination $200. Price 100.
15.297 Sanger. Cal., Imp. 6s... 1923-32 6.31-7.08
Due serially. J. and J. Den. $1000-$500-436.4S-$343.3t. Price 97.50-93.
1,000 Dixon, Cal., Imp. 8s. 1923
Due July 2, 1923, J. and J. Denomination $1000.
5,000 E. I. du Pont de Nemours &
Co. 7!2s ...1931
Due May 1. 1931. M. and N. Denomination $1000.
7.25
Price 101.50,
7.50
Price 100,
Price 100,
uasaaaa
ordinary firsts, 2324c; at mark, cases
included, 24 625c.
SEATTLE. June 29. Wholesale prices
to dealers;
Eggs Select local ' ranch, white shells,
2S'i29c; ditto mixed colors, 27628c;
pullets, 23624c.
Butter City creamery cubes, 34c; bricks
or . prints, 35c; country creamery extras.
cost to jobbers, in cubes, 30c.
Coffee) Future Steadier.
NEW TORK, June 29. The market for
coffee futures was rather steadier today
on covering, which may have been pro
moted by a belief that diminishing ware
house stocks here would soon send domes
tic importers into the cost and freight
market. Buyers found little encourage.
ment in the news from Brazil, however.
and trading was quiet. The market opened
net three points lower to one point higher,
but rallied from 6,20c to 6.31c for Sep
tember ahd closed at a net advance of
one to seven points. July, 5.89c; Septem
ber, 6.29c; October, 6.43c; December, 6.71c;
January, 6.81c; March. 7.03c; May, 7.20c.
Spot coffee, dull; Rio 7s, S"g6c;
Santos 4s, 9c.
Metal Market.
NEW TORK. June 29. Copper Quiet.
Electrolytic Spot and nearby 120
13c; third quarter 131314c
Tin Easier; spot and nearby 29.00c:
futures 28.7529.00c.
Iron Nominally unchanged.
Lead Quiet; spot 4.40c.
Zinc Easy; East St. Louis delivery.
spot 4.20$4.30c.
Antimony 4. 75c.
Apples and Wheat Good.
WHITE SALMOX. Wash., June 29.
(Special.) The outlook for a large
apple crop in western Klickitat
county was never more promising.
and the same can be said of the wheat
crop In the eastern part of the county.
In the Horse Heaven district there
are several farms from 1000 to 3000
acres in size, and It is estimated that
some of them will yield 30 bushels to
he acre. In the Csodnoe hills dis
trict a large crop of apricots is promised.
River reading. 8 A. M., IS 7 feet; change In
last 24 hours, 0.3 foot fall. Total rainfall
(5 P. M. to 5 P. M ), 0.03 Inch: total rain
fall since September 1, 1920. 45.82 inches;
normal rainfall since September 1. 43.90
inches: excess of rainfall since September
1. 1920, 1.92 inches. Sunrise. 4.23 A. M. ;
sunset, 8:06 P. M. Total sunshine June 29.
11 minutes; possible sunshine. 15 hours
43 minutes. Moonrise Thuhsday. 12:4.)
A. M. ; moonset Thursday. 2:49 P. M.
Barometer (reduced to sea level) at 6 P.
M.. 29.97 inches. Relative humidity at
5 A. M., 82 per cent: at noon, S3 per cent
at 5 P. M., 70 per cent.
THB WEATHER,
STATIONS.
DAILY METEOROLOGICAL REPORT.
PORTLAND. June 29. Maximum tern
perature, 68 degrees: minimum. 57 degrees.
Baker
Boise
Boston ....
Calgary ...
Chicago . . .
Denver . . .
Des Moines
Eureka
Galveston .
Helena ....
Juneaut
Kansas City
Los Angelesl
Marshfleld
Medford ..
Minneapolis
New Orleans!
New Tork.
North Head
Phoenix ..
Focatello .
Portland ..
Roseburg
Sacramento
St. Louis..
Salt Lake..
San Diego.
S. Francisco
Sesttle ....
Sitkat
Spokane ...
Tacoma
Tntoosh Isd.
VaMext
Walla Wallai
Washington
Winnipeg .
Yakima ...
a as
n3 M
51
53
s
Wind
76 0.00
82 0. 00
700. 061
4SI 80-0.00,
74 84 0.00
62! 92 0.00!l4jKE
66 8811.041.. ME
54 68 0.14 10 SW
80l 84 0. 001. .IS
56! 90O.O0;28 SW
42162 0. 001.. !SE
721 92 0.001. .SV
58 T4 0.00i..!W
52! 680.08I..ISW
60 78 0.00 12INW
72 9410.00 10'SE
761 92 0.001. .!W
681 88 0. 38!. . IS
56! 58,0.08,36 S
72 110 0.00i..W
601 90!0.00l.. W
57 68:0.031.. S
561 74 0. 101. .W
541 80 0.00!. .!SW
76 92 0.0O10 W
701 94'0.00!. .ISW
62 68 0.00 .. W
. . ,S Cloudy
NWiCloudy
B IRain
NWiCloudy
NE IClear
Cloudy
Cioudy
Cloudy
Cloudy
Rain
Pt. cloudy
Clear
IClear
Cloudy
Cloudy
Pt. cloudy
Clear
Rain
Rain
Clear
Cloudy
Cloudy
Cloudy
Clear
Clear
Pt. cloudy
IClear
54 7 !0.00 . . NWlClear
I 561 64 0.14 12 S (Cloudy
. . . rf2 0.OOI. .1
561 80O.00!14'SW Cloudy
56 6610.101. . IS Cloudy
541 560.26122'E Rain
40 00;0.02..!SW Clear
601 82 0.00 . .IN Cloudy
VOl 94 0.261. .!NW!Raln
70) 84 0.02 10 SE IClear
601 88,0.00! . . IX ICloudy
tA. M. today,
day.
P. M. report of preceding
I To Yield (
9 City of j
I Chicago 1
Illinois
t General Obligation
Bonds. Due serially Jan. 1,
1922-1928.
Assessed valu-
a'ion $1, 954.872,524
Net bonded
debt. 59.958.527
Population. ... 2,701,212
Legal Investment New
England and New York
savings banks.
E.H.ROIXINS &SOXS
Investment oondt
BOSTON -NEW YORK-CH1CACO .
SAM FRANCISCO LOS ANCELES
QVortJmest Tfcprcsentntke
404 COUCH BUILDING
Cplephone Marshall 3gS
Va PORTLAND
FORECASTS.
Portland and vicinity Probably showers;
southerly winds.
Orenron and Washington Probably
showers; moderate southerly winds.
Money to Loan
on
luslness and Residence Property
Mortgage Bond Company
Main 2831.
' 'Wilcox Bide;.
13,800 United Drug Co. 8s. 1941
Due June 15, 1941. J. and D. Den. 11000-f 500-f 100.
15.700 Van Camp Packing Co. 8s... 194! 8.10
Due April 1. 1941. A. and O. Den, 81OO0-I500-8100. Price 09.
500 U. K. of Gr. Britain and Ire
land 5 2 .1922
Due Nov. 1. 1922. F. and A. Denomination 1500.
5,000 Prov. of British Columbia 6s. 1925
Due July 27, 1925. J. and J. Denomination flOOO. Price 94 07.
5,000 Prov. of Alberta 4J$s 1924 8.10
Due Jan. 1, 1924. J. and J. Denomination 11000. Trice 92. e
18,200 Government of the French Re
public 72 1941 8.007a
Due June 1, 1941. J. and D. Den. 11000-8500-1100. Price 93.
Cash or Partial Payment Plan.
Ask for details. Wire or phone "collect"
7.50
Price 9T 50.
7.75
Freeman, Smith & Camp Co,
0TLAM
AN riANCiao
aouNO nooa
LUMBMMKNS BUILOIN
riPTH AND STARK
WAV 74
Phone your want ads to The Ore-
ironian. Main 7070. Automatic 660-95.
Seattle Grain Market.
SEATTLE. June 29. Wheat Hard
white, soft white and white club. 81.16
hard red winter, eoft red winter, northern
spring and eastern red Walla, 81.15; big
bend, bluestem, 81.20.
City delivery Feed: Scratch. 50 per
ton; baoy scratch. Sou; feed wheat, So4
all grain chop, 842; oats, 840: rolled oata,
842; sprouting oats. 84.; whole barley.
85; milled feed, $32; bran, 80; whole
corn. 840; cracked corn, 842.
Hay Alfalfa, 822 ton; double com
pressed alfalfa, 829; double compressed
timotny, jl; eastern Washington mixed.
826; straw, 24.
QUOTATIONS ON DAIRY PRODUCE
Market Price Ruling on Butter, Cheese
and Eggs.
SAN FRANCISCO. June 29 Butter-
Extra choice. 40c: Drime firsts. Jsiii-
California firsts. :(0c.
Eggs Extras. 32W.C: extra firsts. 31 u.,
firsts, nominal: dirties. 29c: extra nuM'etH
27Vic; undersized pullets. 23c.
meese California flats. fanev on,..
California firsts, ISc; California Toung
Americas, fancy, 22c
NEW TORK. June 29. Butter Firm
Creamery higher than extras, 36364c;
creamery extras, 35Vic; firsts. 3235e.
Eggs Firm. Fresh gathered extra
firsts, 31.")21ic; firsts, 2"V4C0c.
Cheese Firm. State whole milk flats.
fresh specials, 1691644c; state whole milk
twins, specials, 1616Uc.
CHICAGO. June 29. Butter T.nwr
Creamery extras, 34c; standards, 334o;
firsts, 2S?33e; seconds, 24 27c.
Eggs Higher. Receints. 10.33T e
Firsts, 2&i,&26c; standards, 26ft 2ic:
You will have a different feeling as
soon as you join our INSURANCE
SAVING CLUB. You will acquire a
new confidence that your family is
really protected. You will catch the
spirit of thrift You will realize the
joys of systematic saving. You will
have the necessary money accumulating in the bank to pay your
insurance premiums. You will be better satisfied and happier.
All you fiave to do is to come in and ask to be enrolled. You get
every cent back with interest.
LUMBEEMENS
Broadway and Oak
Real Estate Mortgage
We have made a loan of $300,000 to the
owners of the Broadway-Yamhill (Hippo
drome) Building, which is located on the
N. W. corner of Broadway and Yamhill
street. The mortgage is a closed first mort
gage on both land and building. The prop
erty has a frontage of 100 feet on Broadway
and 150 feet on Yamhill street.
The bonds are in denominations of $1000
and $500 and we offer them to you at a price
. to yield 8. They mature serially in from
one to five years.
By investing your funds in the bonds
which have been issued under this mortgage
you have the assurance that your principal
is safe and your income certain.
Write or phone for descriptive circular, also for
"Elementary Principles of Safe Investment"
A booklet which we have prepared for you. Ask for it.
BLYm Witter, &. Co.
Ycon Bldg PORTLAND
SEATTLE - MJ FRANCISCO- LOS ANGELES- NEW YCRJt
BUILDING AND LOAN ASSOCIATION ORGANIZER
While In the Northwest for a few weeks doing; special organlxa.
tlon work, I want to meet parties interested in organizing building
and loan associations, or desiring assistance In developing their
present plan.
I am prepared to Install a system of management aa well and
specialize on the Dayton, Ohio. Plan.
J. H. BLACKM0RE.
XV 3. MernlBB Oregonlan.
V