Morning Oregonian., July 02, 1921, Page 21, Image 21

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THE MORNING OREGONIAN, SATURDAY, JULY 2, 1021
21
WOOL CLIP BRINGS
141-2TD181-4GTS.
About 225,000 Pounds Are
Sold at Pilot Rock.
PORTLAND BUYER LEADS
From 1 1 to 1 5 Farmers Offer Crop
or fine Quality Practically
All Growers Accept Bids.
Pendleton; or... July i. (Spe
cial.) Approximately 225.000 pounds
of wool were sold at prices ranging
from lite to l& cents a pound at
a sale at Pilot Hock this afternoon.
From 11 to 15 farmers offered their
clips, their combined product total
ing; about 250,000 pounds.
The top price offered was 184
cents, which K. J. Burke, of the E. J.
Burke Wool company of Portland,
paid for 15.000 pounds belonging to
Pat Doherty. Mr. Burke also paid 18
cents for the 40.000-pound clip of Joe
Pedro and 1414 cents for the 40,000
pounds mixed wool, fine and coarse,
belonging to Charley Johnson
Buyers from two Boston houses
were present, with Alex Livingstone
of the American woolen mills of Bos
ton being the only buyer. He pur
chased approximately 100,000 pounds.
More than one-half of the wool of
fered was of fine quality, according
to buyers, which brought the higher
figures ranging from 16 cents to
the top figure of 18 Vic. An average
of about 13 cents was paid for coarse
wool.
Practically all of the growers ac
cepted the bids offered. This Is ex
pected to be the final sale held at
Pilot Rock, as it disposed of prac
tically all of the wool In that section,
according to buyers.
SOLDIERS FINISH COURSE
FOREIGX-BOR.V AXD ILLITER
ATE LEARN' "THREE R'S."
Recruit Educational Center Gradn
atcs 155 Men at Camp Lewis;
Classics to Bo Discontinued.
TACOMA, Wash., July J. (Special.!
One hundred and fifty-five enlisted
men from posts all over the Ninth
corps area were graduated yesterday
from the recruit educational center at
Camp Lewis, the training: school for
foreisn-born and illiterate soldiers;
Classes will be discontinued Au
gust 31.
With the cessation of recruiting last
Bpring the feeder for the school was
shut off and only 340 men remain
after yesterday's irraduation. At the
maximum strength the center had
1000 soldiers attending academic and
military courses and its staff included
19 civilian instructors besides the
military personnel on the teaching
staff.
The graduation exercises were pre
ceded by a parade of all the men at
tached to the center: The graduates
received their certificates from Colo
nel Harry K. Matthews. C. A. C. com
mandant. Brigadier-General R. M.
Blatchford, camp commander, and
other high ranking officers. A large
crowd of spectators witnessed the
ceremony.
On orders from the war department,
the 17 civilians now teaching aca
demic courses in the center will be
dropped tomorrow and all subjects
during the remainder of the school's
existence wall be taught by military
Instructors. Colonel Matthews, who is
under orders to proceed to Fort Word
en for duty, will be relieved as com
mandant by Captain Earl H. Malone,
68th infantry.
Thousands of foreign-born recruits.
and men whose common school educa-
lion naa oeen neglected, received
training in the 'Three K's" at the
educational center.
COWLITZ BANK OPENS
New Institution Launched In Old
Kelso State Bank Building.
KELSO, Wash.. July.,1. (Special.)
The Cowlits Valley bank. Kelso's
mew financial institution, opened for
business this morning in the former
Kelso State bank building, which was
purchased by the new bank at the
recent auction sale at a price of
S27.000.
The Cowlits Valley bank has a
capital of J30.000 and $10,000 surplus,
while $14,000 additional capital was
provided by the stockholders toward
financing the purchase of the build
ing, making a total Investment of
$54,000.
L. M. Cleek of Portland is cashier
end R. Allen Pavls, formerly of the
United States National bank in Port
land. Is assistant cashier. Wallace
Huntington. Kelso, is president, and
C C. Rulifson of this city, vice-president.
The board of directors consists
of Messrs Cleek, Huntington, Rulif
son, C. A. Taylor. E. C. Hackett. Will
lam Dolph. Al Leichardt and Herbert
Bioyd, cashier of the Troutdale, Or.,
bank.
SCHOOL CREED STATED
Lewis County Directors Adopt Code
to Govern Ethics.
CENTRAL! A. Wash.. July 1. (Spe
cial.) Resolutions have been adopted
by the newly organized Lewis County
School IMrectors- association, setting
forth the aims and purposes of the
organization. These include agree
ments not to overbid rival districts
for the services of a teacher; to dis
honor any teacher who breaks his or
her contract without just cause, or
who fails to lay special emphasis on
the teaching of loyalty and patriot
Ism; to construct cottages for teach
ers wherever possible; to urge the
teaching of habits of cleanliness to
pupils, and to strive to have each
rural school attain the standards ad
vocated by the state superintendent.
Ths resolutions were signed by
C. P. Roundtree of Klaber. Carl
Btaeger of Dryad. Mrs. Charles
Laughlin of Doty and Miss Z. May
Meighen, county superintendent, who
were appointed as a resolutions com
mittee at the organisation meeting
oi ins association in centralis May 14.
STATE SUBJECT TO TAX
Washington Law Covers Gasoline
Used In Public Service.
SEATTLE. Wash., July 1. (Spe
cial.) Gasoline sold to the state for
use in state macnines was subject to
the 1 cent a gallon tax levied on all
gasoline sales by act of the last legis
lature, according to an opinion given
to the state license department by
Attorney-General Thompson. The tax
ia collected from the distributor and
no provision is made in the last act
for sales to the state. There is also
no constitutional reason why an ex
emption should b Implied.
The same ruling applies td gaso
line and distillate sold for use in cars
owned and operated by county and
city departments.
The tax on gasoline and distillate
purchased by the federal government
in its governmental capacity would,
however, be unconstitutional, the attorney-general
holds, where the sale
is made directly by pthe government
by the distributor. If the sale Is made
to the government through a retailer,
the tax is collectible and the exemp
tion does not apply if the government
should handle gasoline in a private
business capacity.
Sales of gasoline or distillate made
by importers into the state does not
take the tax upon shipments in origi
nal packages, such as barrels, drums
and cases of cans. To tax it in that
form would violate the commerce
clause of the federal legislation.
CLOSED SHOP IS ISSUE
TACOMA BAKERIES "ASK PICK
ETING LVJOCTIOX.
Court Requested to Restrain Unions
From Interfering With Opera-
tions and Printing Blacklist.
TACOMA. Wash., July 1. (Special.)
Court action brought by the federal
system of bakeries of Tacoma against
the Bakery and Confectionery Work
ers' International union, local No. 126,
and the Central Labor council of Ta
coma, as the result of a strike called
in April, 1920, makes the closed shop
question the issue for the court to
decide. Judgment for $1000 against
the defendants as the result of alleged
business losses and ten injunctions
are asked by the Federal bakeries.
In an order signed by Judge Ernest
M. Card, the defendants are cited to
appear July 6 and show cause why
they should not be enjoined from
carrying on a boycott" against, pick
eting or otherwise molesting the
business of the federal bakeries dur
ing the pendency of the suit. Mem
bers of the unions have been sued
individually.
The court Is asked to restrain the
defendants from maintaining a boy
cott of the bakeries, from picketing
the places of business, publishing
statements setting forth that the
plaintiff is unfair' in any way to
labor, endeavoring to compel it to
operate a closed shop and employ
none but members of local No. 126,
continuing the strike, and publish
ing in the Labor Advocate a black
list containing the name of the
federal system of bakeries.
WIFE ACCUSES SERGEANT
Promise of Living Quarters Xol
Kept, Is Answer to Divorce Plaint.
TACOMA, Wash., July 1. (Special.)
That she was compelled to live in a
room boarded off from a disused
cookhouse at Camp Lewis rather than
an apartment in the Officers' club
which she had been promised is the
contention of Mrs. Helen M. Kearns
in an answer and cross complaint to
the divorce action instituted by Ser
geant James L. Kearns of the 58th
infantry.
Mrs. Kearns says she was taken
borne to her parents byxher husband
in January and left there. The couple
were married on December 29.
She says Kearns has not lived in
the state a year, asks dismissal of
her husband's complaint and seeks
$25 monthly alimony.-
Kearns alleges that his wife re
fused to live with him and requests
that her maiden name of Helen M.
Strauch be restored to her.
DAILY CITY STATISTICS
Marriage License. I
IAVIES-ST. CLAIR Ben H. Davies. 27,
Gray Eagle, Minn., and Mildred tie. Clair. ;
21, Gresham, Or. ,
FUGE-TRIMBLE Eljrf D. Fuffe, 27,
Oregon City, Or., and Gladys M. Trimble, i
21 S75 East Burnside atreei.
HOFER-McDONALD Wallace R. Hofer,
leg-Hi, 3H9 Willamette boulevard, and Gafl i
C. McDonald, legal. 171 Greene street.
HALL-GATES Kenneth B. Hall, 21,
12H3 Williams avenue, and Anna Gates, 19, !
30ft Williams avenue.
SCHIEWE-HELZER Herman Schiewe, ,
26. 4tU Webster street, and Esther HeUer,
'Zi. 2S.1 Cook avenue.
KALVI-MAKI Edward Kalvi. 30, Port-,
land. Or., and Tilda Makt, 36, Portland, Or.
SCHNEIDER - SHERMAN Benjamin
Schneider, 28. 1076 East lSth street North,
and Irene Sherman, 18, 107 East lSth
street North.
BLAKK-SCHERER Elmer Blake, legal,
2 Nupon street, and Eugenie Scherer, le
gal. 3."." E. 8th street North.
FOl'LKES-GRAY Horace G. Koulkes,
legal. 621 Fifth street and Margaret V.
Grav. legal, Portland, Or.
REED-WALKER Gilbert E. Reed, iy
gal, 751 Kearney street, and Esther Walt
er, legal, Portland, Or.
RCKS-SAURER Chester T. Ross, legal.
Bull Run, Or., and Elizabeth Saurer, legal,
Portland. Or.
LIVIN'CKsTON-VEACE Neil C. Living
ston. 23. CorvalUs, Or., and Helen M.
Neace. 21, Portland, Or.
BROWN-CAMPION Erwln P. Brown.,
legal, 512 Ross street, and Maude Cam
pion, letral 4f3 Beech street.
HATES-FRANKLIN Gilbert I. Haves.
legRl, Portland, Or., and Vera Franklin,
legal, East 83d street. .
Vancouver Marriage License.
DURHAM-FLOOD George Durham. 35,
Portland, and Iva Flood, Portland.
L EE-BRYAN Robert H. Lee, 28. Port
land, and Grace Bryan, 25. Portland.
MILLER-BHKNNAN Connie H. Miller.
27, Portland, and Alice Srennan, 20, Port-
KRENTLEHE-MORRSON William E.
Krentlehe, 21, Portland, and Iva Morrison,
lepal. Portland.
BRANSTRATOR-HILL James W. Bran
straior, t2, Vancouver. Wash., and Mrs.
Etta F. Hill, QL. Vancouver, Wash.
Affidavit Delays Trial.
ABERDEEN, Wash., July 1. (Spe
cial.) An attempt -will be made to
have Malcolm " Slaughter, Dorothy
Slaughter, Jack Trimmer and Charles
Champ, all of Aberdeen, under arrest
on jointist charg-es, arraigned before
Judge Abel. Liquor Prosecutor Wade
said yesterday. Filing of an affi
davit of prejudice against Judge
Sheeks yesterday forced postpone
ment of the arraignments which were
scheduled to come before him at that
time. The quartet were arrested in
the recent cleanup campaign.
Auditorium Contract Let.
THE DALLES. Or., July 1. (Spe
cial.) Contract for the construction
of the new municipal auditorium in
this city was today awarded to Robert
Paysee, Boise, Idaho, contractor. Pay
see's bid, lower by nearly $10,000 than
the next lowest ladder, was $92,788
A number of Portland contractors, a
Seattle contractor, a Spokane con
tractor and a local firm submitted
bids on the auditorium. Construction
will start at once, .to be completed
within approximately four months.
Vancouver Decorations Asked
VANCOUVEH. Wash.. July 1.-
(Special.) A proclamation asking
that all the merchants in the city
decorate their places of business for
the Fourth of July was issued today
by Mayor J. P. Kig-gins. A prize of
$25 has been offered ror the best
decorated front or window. Work
of decorating: the atreeta and city
park began today.
URGE PART OF WOOL
CLIP DISPOSED OF
Between 5,000,000, 6,000,
000 Pounds Sold in Oregon.
MOVEMENT NEAR NORMAL
Buyers Inclined to Operate at Re
duced Prices Early Bids
Above' Eastern Parity.
The bulk of the Oregon wool elip has
either been sold or consigned. Before
shearing time it looked like a dull, drag
ging market this year, but the traders
guesses proved wrong. Business has not
been as active as In former years, yet con
sidering market conditions In general the
movement has been very satisfactory.
To date between 5,000.000 and 6.000.000
pounds of Oreg-on wool have been sold. The
Bhaniko section Is cleaned up and the
sealed bid sales at Condon and Pilot Rock
have disposed of most of the wools grown
there. Heppner wools are being sold or
moved out on consignment. The Lake
view clip Is out of first hands and Wil
lamette valley wools are being sold at
the usual rate.
There Is a tendency on the part ef buy
ers to reduce prices somewhat, not because
of any decline in the east, but - on the
theory that prices at this end advanced
beyond the eastern parity. This Is also
the case in Montana where buyers are
offering IS to 10 cents for the same grade
of wool that contracted for earlier In the
season at 20 to 21 cents.
A somewhat stronger tone in the wool
market Is reported by C. J. Fawcett, di
rector of the wool marketing department
of the American Farm Bureau federation.
He estimates that 70 to 80 per cent of the
spindles In the country are now operating
and some of the mills have sufficient or
ders to require capacity production until
cold weather. Recent sales of Texas
wools, he says, were at an advance of 1 to
2 cents per - pound. More than 20 wool
warehouses have applied to the bureau of
markets for government licenses, which en
title them to issue bonded warehouse re
ceipts. Unusual conditions. In which proposed
tariff legislation plays an Important part,
make profitable purchase of wool extreme
ly difficult this year, according to east
ern dealera Opinions differ widely on
the probable values of the various grades,
in view of the transition period between
consignments and direct purchases in
which the market is situated. Much doubt
exists also about the trepd the lightweight
goods season will show as It develops. In
dications point to a stopping of the move
ment toward the ue of medium grades at
three-eighths-bloods, and it is believed that
if present tariff plans are carried out fine
wools will continue in favor, as they can
be more freely imported under the pro
paged duty than can the medium grades.
NO OFFERS ARE MADE FOR WHEAT
Coarse Grains Also Inactive at the Loral
Exchange.
- No wheat, oats or barley bids were made
at yesterday 'a session of the Merchant's
Exchange and there wae only one offer
for yellow corn. The trountry markets were
quiet, so far as wheat is concerned. A
little contracting; was reported at prices
that will net the farmers between 95 and
07 cents.
There will be no sessions, of the Port
land or eastern exchangee.- today or Mon
day. Goodman's crop report follow: Winter
wheat condition July 1, 75.4 per cent ;
Indicated production. 562,000,000 bushels;
spring wheat, condition 83 per cent; Indi
cated production, 242,000,000 bushels; oats.
condition 85.4 to 70.8 per cent, with pros
pects of further deterioration; Indicated
production, 1,309,000,000 bushels; corn.
acreage Increased 3.000,000; condition
highest in years; condition 80.7 per cent.
indicating crop of 3.067,000,000 bushels.
Snow's report on corn indicated crop of
around 3,000,000,00 bushels, with condi
tion highest in ten years.
Paris cables said the drouth In France
was partially broken but rain Is badly
needed In the north and south.
Terminal receipts, in cars, were reported
by the Merchants Exchange as follows:
Portland Wheat. Barley. Fir. Oats. Hi
Friday
. oG ... 4 2
. 24 8 .... ....
5152 .54 1076 201 963
744 116 384 13 84
5575 40 .... 203 1248
0565 109 .... 30ft-. lOJt-t
7HT.3 I-'IO .... 535 2169
7208 531 , .... 4;i4 2418
0245 593 .... 687 &2G0
4 4 1 8
4S 232 67.1 523 jr.r.l
' 602S 258 1211 A61 1262
5404 113 176 649 2507
4870 349 1815 1141 3152
5560 37 1R54 1407 4032
8041 1471 217.'t 1159 4 471
7949 11.18 24S2 1303 3733
Tacoma
Thursday . .
Total seaso
1?20-21
liH9-20 ,
1018-1!)
1917-18
1016-17
1115-16
1914-13
Seattle-
Thursday
IfMD-'JO.
1W8.19. ..
im7-l8. . .
1116-17. ..
1913-16...
1014-15. ..
EGG - MARKET ONE CENT HIGHER
Butter Firm bat Unchanged in Price.
Poultry Receipts Larger.
The strengthening of the egg market
due to shipments to California, has put
street prices up a-cent, with resales of cur
rent receipts at cents, jobbers are ask
ing 28 cents for candled ranch and 30 cents
for selects.
Butter was firm with a good demand
on the basis of 30 cents for cube extras.
No change in print prices was announced
for today,
Larger receipts of poultry have made for
a weaker market, particularly on light
hens, which were quoted at 17 cents, but
heavy hens still brought 25 cents.
Country dressed veal was in lisrhter sup
ply and firmer at 12 cents. Dressed pork
was slow at J.z cents.
Wheat Shipments Even.
World shipments of wheat last week and
In the same week last year were:
Wk. endina Wk. endinr
June 25. '21 June 26, '2U.
TJ. 8. and Canada.. 7.819.0OO
7.341,000
4.90 2. 0O0
Argentina 2.S56.UOO
Australia 1. 984.000
236,000
Totals 12.659.000
Shipments for the past and
season compared as follows:
1920-21.
U. S. and Canada. .435.220.000
Argentina 84.318,000
Australia 79.S14.0O0
Others 10.738.000
12.569.006
preceding
1019-20.
291.250.000
237.318.000
90.C92.0O0
1.842.000
Totals
. . .610.090,000. 621.102,000
Good Cantaloupes In Demand.
Cantaloupes were In good demand a
steady prices for the best grade, but .water
melons dragged because of the cool
weather. Deciduous fruits are gradually
declining in price while berries are gen
erally holding steady.
Bank Clearings.
Bank clearings of- the northwestern cit
ies vesterday were as follows:
Clearings. Balances,
Portland $4,161,42 $762,748
Seattle 3,S72.691 873.690
Tacoma 541.866 78. 99
Spokane 1.659.6J0 432.110
PORTLAND MARKET QUOTATIONS
Grain, Flour and Peed.
Merchants' Exchange, noon session:
WHEAT No bids.
CORN No. 2 eastern yellow, July ship
ment, $30.50 bid.
FLOUR Family patents, $8.20 per bar
rel; whole wheat, $6.60; graham, $6.40
bakers' hard wheat, $7.75; bakers' blue
stem patents, $7.25; valley bakers',. $6.50
straights. $6.50.
M1LLFBBD Prices f. o. b. mill: Mill
run. $32 per ton: rolled barley. $35J37
rolled oats. $38; scratch feed. $50 per ton.
CORN Whole, $39; cracked, $42 per ton.
HAY Buying price t. o. b. Portland:
Alfalfa, $16 per ton; cheat. 22(&23 per
ton; clover, $15 per ton; valley timothy,
$24; Eastern Oregon timothy, $26.
XHdry and Country Produce.
BtTTTER Cubes, extras, 30c pound;
prints, parchment wrapped, box lots, 35c;
cartons, 3tfc Butterfat, buying price: A
grade, 29c; B grade, 27 c, Portland de
livery. EGGS Case count, 25c; candled ranch,
28c; selects, 30c.
CHEESE: Tillamook, triplets, price to
jobbers, f. o. b. Tillamook, 19c; Young
Americas, 20c pound.
POULTRY Hens, 1725c 1.; springs,
25 27c; ducks, young, 30c; geese, nominal;
turkeys, nominal
PORK Fancy, 12c per pound.
VEAL Fancy, 12 c per pound.
Fruits and Vegetables.
FRUITS Valencia oranges, $4.25$J3.73
per box; lemons, $7.25u8.75; grapefruit,
$311 per box; bananas, UUVhC pound;
apples. $1.503 per box; strawberries,
$1.30i1.75 crate: cherries, 6&10c per lb.;
cantalouDes. si. 75 64 crate: peaches, 70c
&$1.50 per box; watermelons, 2i3c per
pound; gooseberries. aflG per pouna; apri
cots, $2.50 lug: plums. $23 per box
raspberries, $.50 per crate; honey-dew
melons, $22.23 per orate; loganberries,
7 ." (ct It .25 npr erst a. .
VEGETABLES Cabbage, SVc pound;
lettuce, $232.&0 per crate; carrots, $2.50
per sack; garlic, 1025o per pound; beets.
$2.25 per sack; green peppers, 30o per
pound; rhubarb, 5(j6c per pound; turnips,
$252.25 per sack; tomatoes, $2&3.25 box;
cucumbers, $12 per dozen, peas, 7 4? 11c
per pound : beans, 710c per pound. i
POTATOES New Oregon. 3 &c pound;
new California, 3434c per pound.
ONIONS California red. $1.75 sack;
White Bermudas, $1.25 per crate.
Staple Groceries.
Local jobbing quotations:
SUGAR (sack basis) Cane, granulated,
6.25c per pound; beet, 6.05c per pound.
NUTS Walnuts, 20 32c pound; Brazil
nuts, 18c;- filberts, 12c; almonds. 24 30c;
peanuts, -8 & lie pound; cocoanuts, $1.75
per dozen.
RICE Blue Rose, 6c per pound; Japan
style, 4;54c per pound.
BEANS Small white, 5Hc; pink, 7c;
lima. 7ie; red, 10c per pound.
COFFEE Roaster, bulk, in drums, 140
86c per pound.
SALT Granulated, barrel. $3.40B4.2;
half ground, ton 50s, $19.75; 100s, $19.25;
lump rock. $26.50.
dried fruits Dates. per
box: figs, $25.25 per box.
HONEY Comb, new crop, $8.50 per
case.
Provisions.
HAMS AH sizes. 3036c: skinned. 81
36c; picnic, 18c; cottage roll, 28c.
BACON Fancy. 4353c: choice, sow
35c; standard, 23 27c.
LARD Pure, tierces, 16c pound; com
pound, tierces, 11c
DRY SALT Backs. 20 23c; plates, 16C
Hides, Hops, Ete.
TALLOW No. 1, 4c; No. 2, 23c
per pound.
CAaCAKA bar iv DC pouna aeuverea
Portland.
HOPS 1920 crop, nominal. 15c per
pound.
niDaa Salted country hides, 4c aeuv
ered Portland; grubby hides, 3c; city calf
skins, 12c; country calf skins, lUc; gooa
kip. 6c; grubby kip. 4c.
wool New clip, i3ifzovic per pouna.
MOHAIR New clip, 18p20c per
pound, delivered Portland.
grain BAGS Nine cents at country
points.
Oils.
LINSEED OIL Raw, In barrels, $1.02,
tcallon cans. $1.17. Boiled .in barrels,
$1.04: 5-e-allon cans. $1.19.
TURPH.NTlNB in drums. o-gai-
lon cans. $1.07.
WHITE LEAD 100-lb. kegs. 13c per lb,
COAL OIL Tank wajrons and iron bar
rels, 17jc; cases, 30 37c.
GASOLINE Tank wagons and Iron bar
rels, 28c ; cases, 40 c.
SUMMER PLOWING DOWN OP TRADE
Buyers Not Dlhposed to Cover More Thajt
Immediate Needs.
NEW TORK. July 1. Dun's Review
tnmorrnw will sav:
A ereneral commercial revival naving
failed to develop during the first half of
the year. It is not the time now to look lor
decisive improvement in conditions. Even
in active periods, July brings interruptions
to' business throupn nonctays ana vaca
tions. Inventorying and suspension of
work for repairs and other restraints add
their weight this year. The combined ef
feet of these forces appears In a further
slowing down in basic Industries and pri
mary markets and a larger retail distribu
tlnii of seasonable merchandise Is only a
partial offrtet. That some plants are well
engaged, all things considered. Is encourag
ing, but iron and steel output remains at
extremely low ebb and textile production
has receded again in some divisions.
The fundamental cauHu of the restriction
of manufacturing, which extends to many
lines. Is found in many buyers, persistent
disinclination to do more than cover Im
mediate requirements, and current needs
are limited. The practice of economy and
retrenchment has become no small factor
in the present situation and the sharper
competition for orders finds reflection In
the not infrequent offerings of grooda at
lower prices.
- Results of the six months just now end
ing have proved disappointing to those
who had expected economic recovery and
have necessitated modification of some
views regarding the probable duration of
the readjustment. The record, however,
is not wholly unsatisfactory, for progress
had been made in correcting the artificial
and unsound status of business and the
foundation is being laid for stronger con
ditions In the future.
Weekly bank clearings were $5,549,
592, 85L
COTTON PRODUCTION IS SMALLER
Crop Promisee to Be Lightest In Last
Quarter of Century.
WASHINGTON, D. C, July 1. Cotton
production this year promises to be the
smallest of the last quarter of a century.
Today's forecast by the department of ag
riculture placed the crop at 8.433.UOO bales,
nearly 5,000.000 bales smaller than last
year and about 8.000.000 below the record
crop of 1914. This year's acreage Is 28.4
per cent smaller than last year's. The
condition of the crop on June 25 this year
was 69.2 per cent of a normal.
The production last year was 13.365.754,
equivalent 500-pound bales, the revised
area In cultivation a year ago was 37,
043,000 acres and the condition of the
crop June 25 last year was' 70.7 per cent
of a normal. In 1918 the crop was 11,
420.763 equivalent 500-pound bales.
The acreage this year, 26.519. 0O0, Is the
smallest sinee 1900 and never before, the
department said, has there been so great
a change from one year to another in sere
age as there has been from last year to
this year.
The condition of the growina croo has
not In 20 years been so low on June 25 as
It was this year. All sections of the cot
ton belt have been affected It Is due, ac
cording to government experts, to an ad
versely late, wet spring and to the pres
ence of boll weevil in large numbers.
NEW TORK, July I. Cotton Spot,
quiet. Middling, 12.00c.
WOOL PRICES ABii ti ENER AXXT FIRM
Fair Business Done tn Boston Market Dur
ing Week.
BOSTON, July 1. The Comemrclal Bul
letin tomorrow will say:
There has been a fair business tn wool
during the week, frlces are generally firm,
although bngnt woo is are possibly a bit
on the easy side and scoured wools are
less aetlve. In the west there has been
steady operating at firm prices.
The chief topic of discussion Is the pro
posed tariff. Although It Is deemed too
early as yet to say what Its effect will be
on the wool textile industry, some of the
rates on manufactured goods manifestly
are low. The domestic mill situation Is
fairly healthy, with increased operations
reported from some of the larger worsted
mills.
Scoured basis Oregon Eastern No. 1
staple, 78&euc; eastern clothing. 60 65c
valley No. t, 667oc.
Territory Fine staple choice, 085e
half-blood combing, 68 72c; 4 -blood
combi ng, 4b ff 04c ; 4 -blood combing, 88 &
42c; fine and fine medium clothing,
60 62c.
Pulled Delaine, 8590c; A A, 7585c;
Mohair Best combing, 27 & 30c; best
carding, Z23?2c
Montana Wool Clips Sold.
GREAT FALLS, Mont., July 1. The
Stowe A Powell wool clips at Harlem,
18,000 and 17,000 pounds respectively have
been sold to Austin & Nunn of Boston at
19 6 cents. Other growers refused the
same figure and are holding- for higher
prices.
Dried Fnm at New York.
NETW YORK, July 1. Evaporated ap
ples, nominal; prunes, steady; peaches,
firm.
New Tork Sugar Market.
NEW YORK. July 1. Raw sugar, 4
cents for centrifugal; refined, 6.20c to
6.35o for fine - granulated.
OIL STOCKS DECLINING
MEXICAN' PETROLEUM FAXtLS
AXOTHER five poixts.
Rails, Equipment and Food Shares
Firmer All but One Issue of
Liberty Bonds Advance.
NEW YORK, July 1. Dullness such as
usually precedes a protracted recess char
acterized today's stock market operations.
The tone was uncertain throughout, oil,
motors and their accessories and some of
the obscure specialties making declines,
while raits, equipments and food issues
were disposed to Improve.
Mexican Petroleum fell another five
points to 06, a new low for several years,
and Pan-American Petroleum and Gen
eral Asphalt also gave way to renewed
pressure, but these were retrieved later
when shorts covered.
United States Rubber, Studebaker, Har
vester, American Woolen, Famous Play
ers and Sears-Roebuck sustained addi
tional losses of one to 86 points, and
sugars -were again affected by domestic
conaitions and tariff possibilities.
Minor rails fared better than seasoned
Issues, Canadian Pacific and Reading re
acting moderately under professional of
ferings. -Sales amounted. to 435.OO0 shares.
The turn Into the mid-year effected- no
perceptible change in the money market.
A 11 call money, including loans Into next
Tuesday, were made at 6 per cent and
many July maturities were extended at
prevailing rates.
Sterling and most continental exchanges
were lower during the momma but reg
istered variable recoveries on moderate
purchases of British and French bills.
even the German rate showing improve
merit.
All liberty Issues except the 8i "hard
ened and the bond list as a whole reflect
ed better Investment conditions, specula
tlve rails adding to recent gains. Total
ales, par value, $11,475,000.
CLOSING STOCK QUOTATIONS.
(Furnished by Overbeck A Cooke com
pany. Portland.)
Sales. High, Low.
Advance Rum.
Agr Chem .... 1,000 384 37
Ajax Rubber.. 2O0 22 217
Alaska Gold
Alaska Juneau .....
Allis Chal .... 300 31 814
do pt'd
Am Beet Sug.. 800 294 29
Am Bosch .... ..... ....)
Am Can Co... 1,100 2U 264
do pfd 6u0 .....
Am Car & F. . 2U0 124 H 123
do pfd 109 109
Am Cot OH. .. 100
Bid.
14
37
21
-1
01
70
28
32
2tt
75
123
1U8
17
Am Drug byn
4
Allied Chem...
Am Hide St. L.
do pfd .....
Am Ice
Am Int Corp..
Am Linseed
do pfd .....
Am' Loco .
do ptd
Am Saf Razor.
Am Ship & C.
Am Smelter . .
do pfd .....
Am Snuff ....
Am Steel Fdy.
Am Sugar . . ..
do pfd .....
Am Sumatra..
Am T & T
Am Tobacco. ..
do B
Am Wool ....
do pfd .....
A W P pfd...
Am Zinc
Anaconda ....
Asjid Oil
Atchison .....
do pfd
At Coast Line.
At G & W I..
Bald Loco ....
do pfd
Balto & Ohio..
Beth Steel B..
B R T
Butte C & Z..
Butte & Sup. .
Caddo Oil ....
Cal Packing..
Cal Pet
do pfd
Can Pacific...
Cen Leather..
Orro de P. ..
Chand Motor.
Chi & N W. ..
Chi Ut West..
do pfd . . , . .
Chill Cop ....
600
88 384
8
10
OO
66
lOO
1,309
200
55
S3 V
23
55
3
33
69
800 80 80
79
1U1
200
600
2U0
4
7S
86
"25
72
90
103
1184
117
44
' 7
36
4
7
86
6
0OO
2,900
400
91 0
0
400
80O
S.5U0
'l 00
100
400
700
lOO
- 80
2.200
21,500
480 6
4,600
25
71
89,,
52
102
118
117
7
74 '
71
89
102
J 1 o
117
93
27
8
88
27
7
87
96
80
7
23 Vi
87
23
22
'ikhi
48 '4
71
3
38
46
10
.4
47
lOO
100
100
6,300
JOO
800
200
200
2.300
1.400
100
i0
M0
400
9O0
1,300
200
8.100
" 8.206
500
1,500
200
400
100
I.0OO
1,000
"i'ooo
6,800
TOO
'12
11
32
11
1
11
65
38
70
K'Si
34 V
2.1 41
17Si
10
' 23 '4
27-4
4014
2?i
I4'4
"son
6.14
S
6(5
"44"
1
2-
3214
73
8-Tt
OS
"'
25 V
15
"iiii
70
10R
84-4
25
tl
64
7
37
104
23
2ii
31)
28
64
65 hi
4'
86
44."
1
(IS
'ii'i
81
72
61H
66
"9
24
14
'ii"
108
34
2.1
62
04
7
J 7
10
211
26
3
29
53
tnino ........
C M St P
do pfd . . .. .
Coco Cola . . ..
C AO
Colo K A I
Colo Southern
Colo G & E...
Col Graph ...
Con Gas
Con Cigars . . .
Contl Can . . ..
ontl Candy. . ..
Corn Prod . . ..
do pfd
Cosden Oil . ..
C R I & P
do A pfd...
do B Dfd
2 t
38
64
4
85
26
44
1
66
100
27V
31
72
63
66
77
9
24
14
05
17
1
67
13
19
13
65
7
23
12
1
65
128
11
9
49
29
20
27
66
. 20
30
11
52
90
32
8
12
4
Tfl
10
47
14 14
62
ftO
10
2
10
26
49
37
1S
10
88
28
50
110
63
3
8
1
DO
20
11
23
2
8
49
20
88
16
63
12
44
74
18
93
68
21
66
60
1
4
W
9
34
62
42
88
34 V,
60
20
29
26
18
8
54
28
69
95
12
86
18
46
80
12
53
80
62
65
1U
41
20
32
73
19
4.-,
23
81
900
Crucible ..... 8,500
do pfd
Cuba Cane ... 4O0
do pfd 400
cub Am Sug.. 700
Del & Hudbon.
Dome Mines. .
D & R G
do pfd ......
End! Johnson.
Erie
do 1st pfd. ..
do 2d pfd. ..
Fam Players..
Fed M Sm..
do pfd . . . . .
Flk Tire
Gaston Wms.
4O0
20O
300
1.100
1.800
1,500
300
600
14
68
13
19
13
66
68
13
19
13
54
600
12 12
Gen Cigars ...
Gen Elec - 500
Gen Motor .... 7,300
Goodyear
Gen Asphalt .. 81,500
Goodrich 100
Granby ......
128
11
"50
2B
'27
67
21
r.2
90
82
4
"4
80
1 1
47
14
64
128
10
"iV
29
"27
66
20
'ii
61
90
32
3
7B
11
47
14
62
Gt Nor Ore...
do pfd
Greene Can . ..
Gulf S Steel. ..
Hup Motor ...
Houston Oil.
Ill Central....
Inspiration ..
Interboro .....
do pfd
Intr Callahan..
Int Harv
Int Mer Mar. .
do pfd .....
Tnt Nickel ...
Int Paper . . ...
do pfd
Tnvin Oil
Island OH ....
Jewel Tea ....
K C Southern.
do pfd .....
KpHy-Sprfld ..
Kennecott ....
Keystone Tire.
Lack Steel . ..
Lee Tire
Lehigh Valley.
L & N .......
Mackay
Maxw Motor..
do 1st pfd. ..
do 2d pfd. . .
Mex Pet
Miami
Mid States Oil.
Midvale Steel.
M K A T
do pfd .....
Mont Power. ..
Mo Pacific ...
do pfd
Mont Ward . . .
M St P &SSM.
M & Rt L. ....
Nat Enamel. ..
Nat T..ead . . ..
Nev Con
New Haven...
Nor West...
Nor Pac
Nov Sco Steel.
N Y Alr'Brk..
N Y Central. ..
Okla Prod ref.
Ont Silver
Ont A West. ..
Otis Steel ....
Pae Oil .
Pac G A E . . . .
Pan Am Pet..
do B
Penna .......
Peo Gas ......
Pere Marq ...
Phlla Co
Pure Oil
Pierce Arrow..
Pierce Oil ....
Pitts Coal . ...
Pitts A W Va.
300
1,000
-800
Voo
4O0
300
300
200
200
400
S.800
100
400
400
2,000
""inn ii ii
8,700 8 2
5,500 10 9
1,400 26 26
400 49 49
1.700 37 3B
1.7O0 19 18
1,600 10 10
"Yoo :::::
1.500 112 109
2.2O0 64 . 63
800 ..-..V
100
ii.Yoo ioi 'ih"
300 21 21
2.0O0 11 t
2.SOO 24 23
200 2 2
100 8 8
"i.Voo "si"- "n
700 89 88
"eOO "ii . 12
-s'no 'ii'" "io
1.OO0 18 17
200 B3 93
5.600 . 70 68
"Yoo 6" 68
. 800 2 1
200 4 4
4.50O "si" 84
400 52 62
8.000 44 42
3,500 . 39 87
3.200 34 84
' 1.800 26 20"
"'200 26 28
1,600 1 8 17
700 1 8 8
"soo "is "27"
600 69 68
"Vno '12 "12
1.400 68 66
"i.000 4t" 46
...... .. .....
2.VoO B3 '63
200 81 80
'i.Vo'd "66" 63"
"i.Yo'o '26 ;
i;.'3o"(i "ts" "73'
1,400 20 19
400 45 45
4.300 24 24
100 30 80
Pr Steel Car..
Pullman . .. ..
Ray Con
Reading-
Replogle SteeL
Rep I A S...
do pfd .....
Rep Motors. . .
Ryl Dutch Oil.
Ry Steel Spg..
S O Ind
Pears Roebuck.
Shsttuck Arlx.
Shell TAT...
Sinclair
Sloes She-f . . ..
So Pacific ....
So Railway . ..
do pfd
Ft L A S F...
Strom- Carb
Studebaker . . .
Swift & Co. . ..
Tenn C A C.
Texas Oil
Texas Pac . . .
87.400
764
04
7
S3 Hi
24-4
19
63 "4
8
19
118V4
"17
105
74
BO
7
82
23
1
62
7
18
117
"is
105
75
SO
7
82
23
18
62
7 '4
18
117
16
105
8
19
63
62
50
27
74
109
48
25
28
6
7
21
14
66
. 25
88 .
S9
200
6.S00
1.600
600
200
J, TOO
300
3.000
loo
700
200
100
800
lOO
30.800
17.200
600
TOO
1,000
700
500
1,700
Tex PC 0.
Tob Prod ....
Tr Con OH. ...
Union Oil Del.
union fac ...
United Alloy. .
Untd Fd Prod
United Fruit..
Untd Rds N J.
do nfd .....
Utd Rtl Stores
U S Ind Ale.
62
62
74
104
48
27
29
82
4
74
109
48
25
28
U S Rubber
U S SmelLinr.
V S Steel
do Did .....
Utah Copper..
Va Chem ....
Van Steel
Vivandou ....
Wabash
7
do A pfd...
do B nfd
Wells Fargo..
west Pac ....
West Union...
Westh A B...
25
Westh E A.
eoo
800
100
400
200
43
10
43
10
43
10
81
T
82
34
109
42
8
West Md
White Motors.
Wlllys-Ovld
T
OO Did
Wilson Pack..
Woolworth . ,
worth Pump..
W & L E
100
200 8
BONDS.
.10O IV T C eb 6."
.100 In P 4.
.1041N P 3.
.1041Pc TAT 5....
..74 Pa Con 4.....
U B 2s re. ..
89
75
55
83
84
84
71
80
95
do coupon
V 8 4s reg. .,
ao coupon
Pan 8. res - .
do coupon
.."7 S f CT OB..
A T T cv 6s. 67;So Ry 5s....
Atch gen 4s 76 U P 4s
D A R G con 4s 63U S Steel 6s.
Bid.
Z.tbe-ty Bond Quotations.
Range of liberty bond quotations, fur
nished by th. Overbeck & Cooke company
of Portland.
Closing
High. Tw. Bid.
Liberty 8s 86.90 86.28 86 30
do ISt 4s 87.10
do- 2d 4s 86.80 86.66 86 80
do 1st 4s 87.48 87.12 87.22
do 2d 4s 87.O0 86.70 86.90
do 8d 4s 91.00 90.54 90.90
do 4th 4s 87 24 86.88 87.24
Victory 4s 98.40 98 38 98.38
do Ss 98.40 98.38 98 38
Mining- 6tocks at Boatoa.
BOSTON. July 1. Closing- Quotations:
Alloues ....... 20 North Butte ... 9
Aris Com 7 Old Dom 14
Calu &. Ariz... 46 Osceola 26
Calu & Hecla. .220 iQuincy 3T
Centennial .... 6ISuperior 3
Cope Range ... 84 'Sup A Boston... 1
East Hutte ... 7snannon ....... B"
Franklin 2 t'tah Con 3
Lake Copper... 9 'Winona ........ 40
Mohawk 48 IWolverln. 10
Swift Co. Stocks.
Closing prices for Swift A Co. stocks at
Chicago wer. reported by uverDecK
Cooke Mmunv of Portland as follows:
Swift Co 90
Libbv. McNeil A Llbby 7
National Leather 6
Swift International 23
Money. Silver, Eta.
NBW TORK. July 1. Prim, mercantile
natter. 2U f2V,c
Time loans steady: all dates. 6 per cent;
call money firm: high. 6: low 6: ruling
rate, 8; closing bid, 6; offered at 0; last
loan. 6.
Bar silver, domestic, 99c; foreign.
68 cents.
Mexican dollars, 44 T-8.
LONDON, July 1. Bar sliver, 35 d per
ounce. Money, 4 per cent. JJiacount
rates, short bills. 6 per cent.
Foreign Bonds.
Foreign bond quotations furnished by
the Overbeck A Cooke company of Port
land:
Bid.
13
4
14
61
Ask.
16
6
17
Russian 5 a,
1921.
do li'za
do 6s. 1919 ..
French &s. 1931 .
do 4s. 1917 ...
do 5s. 1920
Italian 5s, 1918 .
British 5s. 1922 .
do 1927
do 1929
do vky 4s . .
do ref 4s
Belgium rest 6s
do prem 5s ...
German W. L. 6s
Bortin 4s .......
Hamburg 4s ....
62
60
70
4'.
. 6!t
. 37
.374
.863
.365
.283
.262
. 65
. 0!t
. 10
. 11
. 12
3S4
875
375
23
272
6N
1'Z
11
11
13
13
13
14
14
15
14
69
85
85
09
9
97
, 88
81
do 4s
12
LelpslK 4s 12
do 6s
13
Munich 4s
do 5s . .
12
13
12
69
84 V
84
99
99
97
88
84
Frankfort
4s
Jap 4s C.
do 1st 4s .
do 2d 4s ..
Paris OS
U K 5s. 1921
do 1922
do 1929
do 1937
Foreign Exchange.
Foreign exchange rates at close of busi
ness yesterday, furnished by Northwestern
National bank of Portland, The amount
quoted Is the equivalent of the foreign
unit in United States funds:
Country, Foreign unit. Rate.
Austria, kronen ...........$ .0023
Belgium, francs 0S04
Bulgaria, leva .0121
Czecho-Slovakla, kronen 0140
Denmark, kroner .1095
England, pound sterling 8.7&-'0
Finlsnd, tlnmark 01S0
France, francs .OU07
Germany, marks .0140
Greece, drachmas .0593
Holland, guilders 32U8
Hungary, kronen .0044
Italy, lire 0300
Jugoslavia, kronen .0076
Norway, kroner .1440
Portugal, escudos .1390
Roumanla. lei .0158
Serbia, dlnara .025
Spain, pesetas .1310
Sweden, kroner .2220
Switzerland? franca 1696
China
Hongkong, local currency .4950
Shanghai, taels 6700
Japan, yen . 4825
NEW TORK. July 1 Exchange firm.
Sterling demand $3.73: cables, $3.74;
francs, demand, 8.02; cables, 8.04; Belgian
francs. demand..7.97 ; cables. 7.99; guilders,
demand, 32.72; cables, 32.82; lire, demand.
4.91: cables, 4.83; marks, demand, 1.34;
cables. 1.35; Greece, demand, 6.85; Swe
den, demand, 21.95; Norway, demand,
14.20: Argentine, demand, 30.12; Brazilian,
demand, 11.2o; Montreal, 12 3-16 par cent
diaoaunt. '
QUOTATIONS ON DAIRY PRODUCE
Market Friers Ruling on Butter, Cheese
and Eggs.
SAN FRANCISCO, Jury 1. Butter
Bxtra choice, 41c: prime firsts, 35c;
California firsts, 80c.
Kggm Extras. 32c; extra firsts, 80 e;
firsts, nominal; dirties. 80c; extra' pullets,
27c; undersize pullets. 22c,
Cheese California flats, fancy. 20c; Cal
ifornia firsts. 18c; California Young
Americas, fancy, 22c.
NEW TORK, July 1. Batter, firm.
Creamery higher than extraa, 8636c;
extras. 35c; firsts. S3 35c.
Eggs Firm. Fresh-gathered extra firsts,
32 6 34e; firsts. 30 32c
Cheese, firm. State whole milk flats,
fresh specials. 16 17c; twins, lB016c.
CHICAGO, July 1. Btrtter. higher
Creamery extraa. 85c; standarda, S5c;
firsts. 2834c; seconds. 26&2.8c.
Eggs, unchanged. Receipts, 9139 casea
SHATTLB, July 1. Wholesale price, to
dealers:
Bggs, select local ranch, white shells.
29c; do mixed colors, 27 929c; pullets, 23
24c.
Butter, city cgeamery cubes, 84c; bricks
or prints, 85c; country creamery axtras,
cpst to jobbers. In cubes, 8O0.
Coffee Futures Higher.
NEW TORK. July 1. The market for
coffee futures was very quiet today but
after a slight early decline sold higher on
covering for over th. fourth. There was
no specisl news to account for the advance,
which carried September contracts up from
6.29o to 6.40c The general market opened
unchanged to 1 point lower and closed at
a net advance' of 4 to 9 points. July,
5. 98c: September, 6.84c; October, 6.48c;
December, 8.75c; January, 0.86c; March,
T.08c; May. 7.24c
Spot coffee dull. Rlos 7a 6 to 6;
Santos, 4s 9 to 9.
Metal Market.
NBW TORK, July 1. Copper steady.
Electrolytic, spot and nearby, 1213c;
third quarter, 1813c
Tin firmer. Spot and nearby, 29.25c;
futures. 29.25c
Iron nominally unchanged.
Lead quiet. Spot. 4.40c
Zinc steady; East SU Louis, spot, 4.20
4.30c
Antimony, spot, 4.75c
Th sun. if It were & hollow sphere,
would hold a million globes as large
as the earth.
TRADE QUIET AT YARDS
ONLY TWO LOADS OF SHEEP
ARRIVE BX RAIXi.
Prloes Are Steady and Tnchanged
in All Lines Business Will Be
Suspended Monday.
The only rail receipts at the yards yes
terday wer. two loads of sheep. Offerings
On the market WAT. llmiftui and with ths
tone of the market steady, price, were un-
changed in all lines.
Th. yards will be closed en Monday, the
Fourth, but arrivals will be taken care of
as usual.
Recelpta yesterday were 254 sheep.
The day's sales were as follows:
yvt. Price.l
920 S3.2.-
Wt. Price.
270 88 00
2o4 0.50
1 cow.,.
1 cow.
1 bull..
1 bull..
3 calves
1 calf. .
3 ateera
1 hog. .
2 hogs.
1 hog..
13 hogs.
16 hogs.
6 hogs.
17 hogs.
4 hogs.
3 hogs.
9 hogs.
1 hog. .
16 hoes.
8 hog-a.
17 hogs.
23 lambs.
1 lamb..
11 lambs.
1 cow.
9 cows.
1 bull...
Old Z.3.l
1100
1530
140
140
876
320
125
210
185
250
180
197
155
806
245
270
192
2.501
3.00!
8.00
i7
6 35
60
t.;t
940
suo
n;;o
1470
i;;o
140
210
218
44
72
6
104
120
106
4 00
6.85
2.00
4.t0
2 25
2.00
7.50
7 50
8.75
5.0OI
6.0OI
7.00
.0o
1 bull...
8.01
calf...
calf . ..
9 00
8.60!
l 15
5 hogs. .
9.001 21 hori
9.001 21 lambs.
8 75 124 lambs.
6.23j 15 Iambs.
8.75114 yearla.
8.001 1 buck..
9.001 42 ewes..
ft 7.11 K-'t w
5.35
6 35
4.50
4.25
1.50
2.00
2.00
10 hogs.
228
94
Livestock Drlcea at th. v.rri. fnl.
lew:
Choice steers ................. .$6. 50-57. 00
Medium to good steers ......... 5.506.25
Fair to medium tjr. a 7. (ft x so
Common to fair steers 3!o04!75
Choice cows and heifers 6.00(& 5.50
Aieaium to good cows, heifers... 4.255.00
Fair to medium c.wm. hif.r a "0.7.4 "
Common cow. 2.253.25
Canners '. 1.50 a 2.25
Bulls 2.50 3.50
Choice dairy cajve. ............ 8.00(&8.50
rrirafl Ilgm OS1VC3 ............. 7,M)8.H
Heavy calve. Ano4r.n
Choice feeders 4.50ri.O0
air to good feeders ........... 8.504.50
Hogs
Prime light 8 759.O0
Smooth -heavy, 250 to 800 bs.. 7.008.00
Smooth heavy, 800 lbs. and up.. 6.00 H 7.00
Rough heavy 4.007.40
Stags 3.00 a 7.00
Fat pigs 8. 75 ifi 9.00
Feeder pigs 8.500.00
Sheen
East-of -mountain lambs.
Best valley lambs ......
Cull lambs
Heavy yearlings ........
Light yearlings
Light wethers
.. 507.00
. 6. OO 6. 30
.. 4.00 A 5.00
.. 4.0004.50
.. 4.30 $r 5.00
... 4. fi. 4.50
Heavy wethers
. . s 00 (S, 4 on
Ewea 1.0O&3.50
Chicago Livestock Market.
CHICAGO. July 1. (U. 8. Bureau of
Marketa) Cattle Receipts. 2000: stronr
to:oc nig-ner, quality clean; top steers, $8.50;
weignt jauo pounds; bulk beef steers,
$76 8; bulk fat she stock, $4.2506: can
ners and cutters, $1.5453; best bologna
Duns. 4i4.L'3: butcher. $4. .octf 0.70; veal
calves. S.T04j -3.
Hors Receipts. 27,000. Fairly active,
steady to 10c higher than yesterday's av
erage; better grades up most, $9.30 paid
for one load; bulk, $8.659.20; pigs, 10 to
13c higher.
sheep Receipts, 4OO0. Fat lamba and
yearlings strong to 23c higher; fat native
lambs, $10; culls mostly $4.504r5; no west
erns here, best choice, $8; dry - fed
yearling wethers, $8; sheep steady.
Kansas City Livestock market.
KANSAS CITY. July 1. (U. S. Bureau
of Markets.) Cattle Receipts, 1300; beef
steers mostly steady, spots strong to high
er on better grades: common kind dull.
top. $8; other natives, $0.5O4r7.50; Texas
.31r8.6n; Colorado pulpers, $,.50; canners
and common she stock, weak to 2.e iowt;
medium to good canners, $1.50'i32; few
Inferior lots, $1.25; other classes steady
Texas cows. $5.25; common to good na.
tives, $3.505; best vealers to packers, $6.
Hogs Receipts, 2000. . opened slow,
closing at generally steady with yester-
dsy's average; best lights and medium to
packers and shippers. $8.75; no good
heavies offered; bulk of sales, $8.508.75
stock pigs steady, few $8.25.
Sheep Receipts. 800. Receipts Insuffi
dent to fully test market; few sales, &a-
.1.., 1. k... .-i . . v. . tn ' . 11
Omaha Livestock Market.
OMAHA, July 1. (U. S. Bureau of Mar
kets.) Hogs Receipts. 13.000; choice
grades steady, others 10 to 15c lower; bulk
180 to 240-pound butchers, $8.308.75;
top, $8.85; bulk butchers 2.M) pounds and
over. S80V&.3O: packing grades. 87.50&7.90.
Cattle Receipts, 1000. Good steers, 10
to 15c higher; others, dull, weak; all other
elassee weak: top steers. $8.10.
Sheep Receipts, 1500. Generally steady
to strong. Top western, $10.
Seattle Livestock Market.
SEATTLE, July 1. Hogs Steady; no
recelnts. quotations unchanged.
Cattle Weak. Receipta, 61; quotations
unchanged.
MARKET LACKS SUPPORT
CHICAGO WHEAT CLOSES NEAR
BOTTOM LEVELi REACHED.
Holders T Is posed to Even Cp Be
fore Triple Holiday; Early Prices
Strong on Heat Reports.
CHICAGO, July 1. Aversion to carrying
ownership risks over a trip-le holiday in
a weather market pulled wheat prices down
today after an early bulse. The cloee was
heavy. 1 to 2 "4 centa net lower, with
July 11.22 to $1-22 and September
$1.21 to $1.22. Corn gained to lc
and oats to lUc In provisions the
niinm ws a unchanged to 10c lower.
At firat the market responded readily to
continued dry hot weather northwest and
in nredictions that unlesa general rains
raiTiA soon northwestern crope would be
jrreatly reduced. Upturns In price, how
ever, increased the disposition of many
hnldera to even ud before the adjournmen
of the hoard until Tuesday. The market
laVked auoport during the last half of
the day and finished near the bottom level
re ache a.
Ksthnuika advices of corn curling In the
fields and of hot wlnda In South Xtekota
had a bulllbh Influence on tne corn mar
KmnlltioM of recelnts strengthened oats
Provisions were governed chiefly by the
action of the nog xnarKet,
The Chicago market letter received yes
terday by the Overbeck. & Cooke company
of Portlana saia:
Wheat. It was a typical holiday mar
ket, with transactions mainly in the na
ture .of evening up contracts, and news
items were of little consequence. The
character of advices coming from the
snrinr wheat belt were the most alarm
ins of the season, temperatures still very
hicrh and only scattered light showers
have occurred In the three Importan
northwestern states. Private authorities
issued estimates showing important
ductions in winter wheat yields, as well
as spring wheat possibilities. The crop
news was offset to a certain extent by
weakness In the local spot market, where
premiums were from S cents to 6 cents
lower. The first car of new wheat of
the season arrived In Chicago today,
graded No. 2 mixed, ana sold at l.a V4
or the July price at the time of sal
Apparently there was very little doing 1
export circles. It goes without saying
that the market early nexx weeK will de
pend almost entirely upon the weather
conditions over the holidays, but from
long-distance viewpoint the irreparable
damage already warrants maintenance of
present prices.
Com. Deliveries' of 4.000.000 bushels en
July contracts failed to have any Influ
ence whatever on tne futures market. Th
tone was decidedly strong and although
prices were in sympathy with wheat, the
close was at a fair net gain. Cash prices
wera higher and the spot trading basis
firm. No doubt the present ' condition of
the crop Is exceptionally good, but with
a continuance of high temperatures and
dry weather, complaints will soon become
numerous and should stimulate buying on
a broader baais than witnessed in many
months.
Oata Deliveries were rather disap
pointing end induced considerable cover
ing by shorts In July, which narrowed
the discount under September about half
a cent. Receipts were estimated at 100
cars and the demand was good at a frac
tionally higher basis.' Crop estimates are
being materially reduced.
Rye. Futures were neglected. with
prices holding steady, due to lack of
pi-canr. It was Intimated that aom.
1 port business was bain dona, but d
tails were lacking-.
Leading- future, ranged as follow:
WHEAT.
Open. H!(h. TjOW. Close.
July... 8 1.24. f 1.25 t 1 23 t 1 22
Sept... 1-23 1.25 1.21 1.214.
CORN.
JnlT... .1 .68 .80 .5
Sept... .62 .63 .61 .62
OATS.
July...- .35 .86 .85 .38
Sept... .38 .30 .87 .3S
PORK.
July ... 17.65 17.64 17.65 1 7.6S
Sept 18.00
IjARD.
JotT..
Sept. .
10.155 10 55 1 0.50 1 0.50
10.90 1090 10.32 10.S5
SHORT RIBS.
10.85 10 40 10.33 10.40
10.75 10.75 10.65 10.05
July.
j Se.-i
Cash ririrea were:
Wheat No. 1 red, $1.270 1.29; No. 1
hard. $1.35.
Corn No. 2 mixed. &060c; No. 2 yel
low. 6061c
Oats No. 2 white. 35C36c; No. S
white. 84635o.
Rye Nominal.
Barley 53 0 63a.
Timothy seed $4.5099.
Clover seed $1319.
Pork Nominal.
Lard $10.50.
Ribs $9.75 10 78.
Primary Receipts.
CHICAGO. July 1. Primary ' receipts.
Wheat, 919.000 bushels versos 822.000
bushels. Com, 1.006,000 bushels versus 831.
000 bushels. Oats, 618.000 bushels versus
677. 0OO bushels
Shipments Wheat. 679.000 bushels Tarsus
245,000 bushels. Corn, 626.000 bushels ver
sus 890.000 bushels. Oats, 767,000 bosh-
Is versus 629,000 bushels.
Minneapolis Grain Market.
MINNEAPOLIS. July 1. Cash whet
No. 1 dark northern. $1.8901.48: No. 2.
$1.84(91.49: No. 8. $1.2501.30: No. 1
northern. $1.84 ft 1.44- No. 2, 81.29 01.84;
No. 3, $1.2201.29: No. 2 red spring. $1.24
ftl.2M: No. 1. $1.2901.34: No. 8. J 1.21 4
1.24; No. 1 dark Montana. $1.891.49.
Harley 44C0c.
Flax No. 1. $1.8901.91.
Futures Wheat. July. 81.24: September.
U27.
OralM t Saa Fr&nciseo.
BAM FRANCISCO. July r. Grain
Wheat, milling, $22.10: feed, $22.10;
barley, spot feed, $1.07 1. 10; shipping,
$1.2001.23. Oats, red feed. $1.201.25;
corn, white Egyptian, $2.30 2.40; red znllo.
11.75071. S3.
Hay Alfalfa. $914: wheat. $13018:
oats, $10 615; barley, $10012.
Beattto Oram Market.
SEATTLE, July 1 Wheat Hud white.
soft white and white club, $1.16; hard red
winter, soft red winter, northern spring,
$1.15; eastern red Walla, $L12: Big Bend
blue st em. $1.20.
City delivery Feed Scratch feed, $49
per ton : baby acratcb feed, S49 ; feed
wheat. 4l; chop. 942; oats, 139; rolled,
oats. $41; sprouting oats. $44; whole bar
ley, milled feed, $32; bran, $32; whole
corn. $30: cracked corn, $41.
Hay Alfalfa, $22 ton: double compressed
alfalfa, $26; ditto timothy, $30; eastern
Washington mixed, $26; straw, $20.
BAN FRANCISCO I'BODCCB, MARKET
Prices Current an Vegetable. Freeh Fruits.
Etc., at Bay City.
BAN TRAXCTSCO. July 1. Vegetables
Asparagus, 8(9 10c: potatoes, 1.25 2.oO.
onons. new red &u& ic: green, ii.ouw
1.75 box; tomatoes, Imperial, $1. 30 152. 25
crate; Merced, $1.752.25 box: garlic, 49
6c; peppers, 1020c; peas, 5?i6c; beans,
string. $1 sack; garden, 9- 10c; beets.
S1.75&2 sack; carrots. $1.25t&1.50 sack.
Poultry Hens, xvups&o; Drouers, 31 fly-
Sic; fryers, 3255c; young roosters. 20
25c: old roosters. 15lSc; ducks, 2503Oc:
gepe. 25630c; turkeys, live, 85c; dressed.
45 50c; .Belgian nares, live, law 14c;
squabs, fancy, 35 40c; pigeons, $3 dozen.
j?ruit uranges, vaiencias. . t .o; iem
orb. $75fH; grape fruit, js.ftoi; straw
berries, 50 3 60c drawer; loganberries, 20 -f
35c drawer; raspberries, 6$ 75c; black
berries. 3540c; cherries, 57c: Bitifls,
10IS20C pound; apricots, $11.50 small
lug; peaches. $1.25 & 2 crate; cantaloupes,
standard, $2 00 2 25; ponies, $1502.00;
fiats. 85c T$1: figs. 50 75c single-layer
box ; currants, $1.15 1-30 drawer ; plums,
$1.60 2.25 crate; watermelons, 2(3 3c; -
grapes. lug.
Receipta Flour, 1060 quarters: wheat,
110 centals; barley, 8223 centals; potatoes,
2223 sacks; onions. 438 sacks; hty, 140
tons; butter, 303 sacks; egga, 93,334 dozen;
hides, 133. .
Kavshl Stores.
8AVANTCAH, Ga.. July 1. Turpentine
firm. 60c: sales 496 barrels; receipts, 4T4
barrels; shipments, 11 barrels; stock. 8204
barrels.
Rosin firm; sales 1354 barrels; receipts.
1395 barrels; shipments, 6 barrels; stock,,
83,190 barrels. Quote: B, $3.40; D, $3.45;
E, F, $3.45; Q, $3.ao; it. J.w; 1. id eu;
K. $3.95; M. $4.40; N, $4-85; WG, $5.60;
WW, $6.50. Firm.
ENGINEERS' BODY ELECTS
Aberdeen Member Chosen to Head
. Grays Harbor Unit.
ABERDEEN, Wash., Jnlr 1- (Spe
cial.) H. 'J. McGrade of Aberdeen
was elected president of the Grays
Harbor unit of the national associa
tion of stationary engineers at th,
annual election of officers in the
Moose hall last night. John T. Mahan
of Hoquiam, past president, was
named delegate to the annual conten
tion of the national association at
Evansville, Ind., September 12 to 16.
Other officers to serve with Mc
Grade are: John Paul, Hoquiam, rice
president; S. M. Mayo, Hoquiam, cor
responding secretary: A. Sal set, Cos
mopolis. recording secretary; A. F.
Peterson, Aberdeen, financial secre
tary; Guy T. Narrance, Hoquiam,
treasurer; Leonard Fisk, .Hoquiam,
conductor; Walter cnurca, Moquiam,
doorkeeper, and W. A. Hunt, Hoquiam.
trustee for three years. The new
officers will be installed Wednesday.
DAH.Y METEOKOIOGICAIj REPORT.
roHTT.AVTl, July 1. Maximum temper
aturs. 66 degrees; minimum temperature,
64 deirreea. River readlnK. 8 A. M., 18.1
feet. Change In last 24 hours. -0.8 foot.
Total rainfall (S P. M. to 6 P. M.). trace.
Totn.1 rainfall since September 1. 1820.
4S 95 Inches. Normal rainfall sinoe Septem
ber 1. 43 98 Inches. Excess of rainfall since
September 1, 1I20. l.!7 Inches. Sunrise,
4:24 A. M. Sunset. 8:05 P. M. Total sun
shine. 8 hours 45 minutes. Possible sun
shine. 15 hours 41 minutes. Moonset, Sat
urday, 6:03 P. M. JJoonrlse. Sunday, 2:52
A. M. Barometer (reduced .sea level) 5
P. M., 80.21 inches. Relative humidity:
5 A. M-, 72 per cent; noon, 63 per cent;
5 P. M-. 46 per cent.
TTTP1 WBATHFR.
i:
Wind
E3
ft
STATIONS.
Weath,
Boitte
Boston . . . . .
Calgary
Chicago ....
Denver .....
Des Moines. .
Eureka ....
Galveston .
Helena
Juneaut ....
Kansas City
Los Angles
Marshfield - -
Medford .
Minenapolls
New Orleans
New Tork . .
North Head
Phoenix ....
Pocatello ...I
Portland
Roseburo ...
6) 78,0.001-OiNW Pt. cloudy
ti.'iU.o')!. .1 nam
78:0.14 . .1NW Cloudy
8i0.00 loin Clear
94'0.0u10ISB Clear
92,0.00 . .ISS Clear
60:0.00'24(N Clear
80.0.00 12 SB Pt. cloudy
4 0.00 ,
W
Cloudy
16810.00 .
A2iO.OOL.IS Clear
82 0 . 00 . . SW Clear
64 0.20'10lNW Clear
76. 0.00il4:NW Clear
60.00;22SB Pt. cloudy
Hiru.uuiiz w (jiear
7010.08 . . KB Cloudy
KH n.OI SO NW Cloudv
74.100;.ou . . w uiear
661 tlO 0.00!10SW Pt. cloudy
65 660.00I18W pt. cloudy
62 6K O.OOllOjNWiClear
62 98 0.00 12 NWIClear
Sacramento
St. Louts . .
Salt Lake .
San Die&o .
San Fran..
Seattle ....
Ritkat
Spokane ...
Tacoma
Tatoosn Is.
Valdezt ...
Walla Walll
WaBhlnffton
Wininpeg- .
Yakima . . .
. 72 92'0. 00. .SW Pt. cloudy
6 8S0.0Oil2!N
Cloudy
621 70 0.00 . .RW
64 760.0OI10ISW
62 5S,0.1S 12.NE
. . .IJ54 10
62 66'O.OOllRlw
. .. 64 0.01ll2iW
62 56 0.08 26W
uiear
Clear
Cloudy
Cloudy
ru ciouoy
PL cloudy
:62' .
70 0.00 16 W
Pt. cloudy
82 o". is. . SB
t;iear
Rain
Pt. cloudy
86 0.04 14INB
74 0.00!10!W
tA. M. today. JP. il. report preceding day.
FORECASTS.
Portland and vicinity Saturday, gen
erally fair; westerly winds.
Oregon and Washington Saturday, gen
eraily fair; moderate westerly winds.
Phone your want ads to The Ore
gonian. Main 7070, Automatic 660-95.
4