Morning Oregonian. (Portland, Or.) 1861-1937, July 07, 1921, Image 21

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Morning Oregonian., July 07, 1921, Page 21, Image 21

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Newspaper Page TextTITE' MORNING CREGOXIAN, THURSDAY, JTTLT 7, 1921 21 PROFIT ON STORAGE EGGS ELD CERTAIN Holdings This Year May Not Be Excessive. MANAGER UPSON OPTIMIST Oo-opcration of Oregon Producers Results In Higher Egg Prices Being Realized. Oregon gg producers who stored their surplus eggs during- the heavy laying; season are likely to realize a good profit on the operation, according to U. X. Up son, general manager of the Pacific cd operative Poultry Producers, who says the outlook for the coming fall and winter is much more favorable than seemed likuiy last spring. "The number of cases of eggs going- Into storage during the month of June was considerably less than for the correspond ing period last season' said Mr. Upson. "The government report of storage hold ings for June 1 shows that there were in storage on that date only 742,000 cases more than were held on the same date In 1019. Receipts of eggs in the five prin cipal markets of the United States during the week of June 18 were 100,000 cases less than for the corresponding week last year. This means that production is con siderably lower throughout the United States than it was last season, while, as we know, the consumption is considerably higher. I feel more convinced than ever that the total cold storage holdings on July 1 of this year will be little, if any. higher than last year, and, in view of the " decreased production and increased consumption, there is every prospect of a good market this fall and winter. All markets are now strengthening and prices are definitely on the up grade. "A few poultry men appear to feel, because we have not been able to main tain prices this season at or near the level of last season's prices, that the organiza tion bus failed in its purpose. It is and always will be Impossible for any organ ization to maintain an arbitrary level of prices or to secure more than the highest markets will pay less the cost of putting the products into these markets. It is only through organization such as this that even these results can be accom plished. Suppose for example that there had been no orzanization. in this field the past season and that all of the eggs which the association has stored and those shipped to New York and other markets had been dumped by the poultrymen on their local markets. Can anyone assume for a moment that they would have re ceived anywhere near the price they have received through the association? It Is al .ways the surplus above Immediate local needs that sets the prices on the entire production. "I have Jdst returned from an organiza tion trip in southwestern Idaho, and the conditions I found there are illustrative of th conditions which would have pre railed In this section . If there had been no organization to take care of our sur pluBg Southwestern Idaho, until this pres ent season, has not been producing enough gs to fill the demand of Its local mar kets, and prices In Boise during previous years have been on the whole higher than the prices In Portland and adjacent mar kets. This season, for the first time. Idaho is producing more eggs than Its local markets can consume. In other words, they have had a surplus above local consump tion of from 10 to 25 per cent. They have no organization in that section, with the result that they have had to accept trom 11 cents to 17 cens per dozen (on June 25) for their eggs since the beginning of the season. Our records show that the lowest price paid by this association was during the week ending April 21, when the aver age of "case count" price was 19 cents per dozen. At the same tlma storage packed April "firsts" were selling In Chi cago at 21 H cents and in New York at 204 cents to 30 14 cents per dozen." WIMKB WHEAT HARVEST IS ON Early Spring- Grain Is Generally Headed Throughout State. Cool weather during the past week, with occasional light showers, has been beneficial for all small grains In the state, according to the weekly crop summary of the Oregon weather bureau. Winter wheat has filled weH In most sections with harvest well under way In the warmer districts. Early spring wheat 1 generally headed and in some of the southern counties Is in the dough. The weather has been rather too cool for corn, but early corn is tasseling and fair growth Is reported generally. Apples, pears and prunes are growing well. Apricots and early peaches are rlpsning in Umatilla county and early apples are In market In some of the Warmer districts. Cherries, raspberries and loganberries are plentiful and some blackberries have been marketed. The rain caused some cherries to crack and black rot of cherries Is causing much damage in Lane county. The weather has been rather too cool in some sections for alfalfa and haying has been retarded by showers, but at the close of tho week was progressing rapidly. Ths second cutting of alfalfa is complete In some southern localities. While pas tures and ranges are drying there Is gen erally still ample feed for all stock. Most range stock has been taken to ths summer ranges. All stock is in good condition. Potatoes are doing well except that lra worms have done some damage In Umatilla county. Garden vegetables are plentiful. Hops are making good growth. HIGHER PRICES FOR BUTTEREAT Egg Supply Smaller In Producing Centers. Poultry Value Lower. A lighter supply, coupled with a better demand for butter has resulted in higher markets and better prices for butterfat. says the weekly produce review of Swift Co. of Chicago. Quits' a little of the butter reaching the markets this week Is selling under top prices, on account of defects in quality. Better care in market lng the cream In the country Is necessary xo remedy these defects. The egg supply has been smaller, with higher prices ruling in the producing and consuming centers. Poultry values are lower, du to in creased receipts. Storage stocks are much savior than a year ago and there is a tendency toward lower prices, as the supply or fowl and spring chickens In Creases. SAN FRANCISCO PRODI CE MARKET Prloea Current on Vegetables, Fresh Fruits, Etc.. at Bay City. SAX FRANCISCO. July 5. Vegetables Asparagus, nominal; squash, 91.50 & 2 30 lug; potatoes, $1.25(3 2 25; onions, new red. 504x75c; green. $1.75(52 box; toma toes. Imperial, $1.75&2.50 crais; Merced $1.5&2.jO pox: gariic. 4Gc; peppers, lOWjnc p, 3 nV; beans, garden 10 ARE FARMERS SMART? When they have Veal. Pork, Poultry C'ascara. Beans, Honey, Wax,- Hide' Wool, Mohair and any other articJes' they are smart if they ship them to KlBY & CO.. 169 Front street, Port land. Or., who have been in business for 16 .years and are reliable. VEAL. Pit ICES GONE IP, SCPPLY fcCAUCE. SHIP AT ONCK lie; beets, $1.T582 sack; carrots. $1.39 1-50 aack; rhubarb. Jl.23 6l.T5 box. Poultry Hene, lS25c: broilers, 30 31c; fryers, 334oc; young roosters, 20 3r2oc; old roosters. 1518c; ducks, 25 30c; geese, 2030c; turkeys, live, 33c; dressed 4550e; Belgian hares, live, 13 1& 14c; dressed, IS -5 20c squabs, fancy, 35 & 40c ; pigeons. $3 dozen. Fruit Oranges, Valencia, $3 4.50 box ; lemons. J7.50&8.o0; grape fruit, $2.50 4; apples, red Astrachan, $1 1.50 box; white Astrachan. $1.75f&2.25; Gravenstein. $2.7o 3, 4 tiers; strawberries, 65 (g1 75c berries, 607ic; blackberries. 3o&40c; cherries. Royal Anne. 10f&12c; Binge. 17 riSc; apricots, 2&5c pound; peaches. tl.502 lug; cantaloupes, standard $2.50 3; ponies, l.Ti2.23; flats. 11.25; figs, GO 1 75c single layer box; currants, (1 125 drawer; plums, SI. 50 2.25 crate; honey dew melons, $12: crate water melons. 23c; grapes, $2.50$r3.u0. Receipts Flour, 1124 quarters-; wheat, 1825 sacks; barley, 16,773 centals; oats, S0! centals; beans, 2206 sacks; corn, 17o0 sacks; potatoes, 4799 sacks; onions, 2o0 sacks; hay, 464 tons; butter. 1S71 centals; eggs, 74.042 dozen; hides, 218; oranges, 400 boxes; livestock. 220O head. DEMAND FOR WHEAT IS LACKING Bids Again Posted at Merchant's Exchange With No Sellers. Wheat bids were again posted at .the Merchant's Exchange, ranging from $1.13 for hard white down to $1.05 for red Walla for July delivery, but the market was' inactive. Reports from the country were also of quiet conditions. According to a report from Chicago, commercial estimates of the European crop make the outturn of wheat about 160.000,000 bushels greater than last year. The International Institute of Rome takes a generally favorable view of world crops with the exception of India and Japan. Terminal receipts, In cars, were reported by the Merchant's Exchange as follows: Wh't. Bar'y. Fl'r. O'ts. Hay. Portland, Wed'day. 47 1 3 2 4 Year ago 3 3 1 2 8 Season to date 29U 4 32 19 14 Year ago 371 7 20 6 0 Tacoma. Tuesday.. 30 .. 4 Year ago 15 .. 11 1 Season to date 74 1 8 1 1 Year ago 27 1 18 1 6 Seattle, Tuesday... 13 .. 1 1 Year ago ilfl 1 .. .. 42 Season to date 24 . . 17 2 4 Year ago... 31 2 5 . . 47 CLBE BITTER BUYERS CRITICAL Price Does Not Advance In Line With Prints Eggs Steady. Although print butter went out yester day at a g-cent advance, the local cream eries were not disposed to pay that much more for cubes. Some sales were reported at 31 cents, but this butter did not grade as extras. More or less fault was found with the quality of many shipments re ceived from the country. Eggs were steacfV with a fair local de mand and moderate receipts. Arrivals of poultry were not large and prices were generally unchanged. Dressed veal was scarce and firmer at 13 Ms 14 cents. Pork was steady- at the old price. Lemons Reach $10 Box. ' - There was another advance in lemons yesterday, which brought the fancy grade up to $10 a box. Hot weather and strong demand in the east have created a. bullish feeling among California growers. Bank Clearings. Bank clearings of the northwestern cities yesterday were as follows: Clearings. Balances. Portland $4.22S.7S $,v;7,012 Seattle 3,145.87 S-S3.945 Tacoma K78,35o 116,124 Spokane l,Sii'2.S7 169,o65 PORTLAND MARKET QUOTATIONS Grain, Flour and Feed. Merchants' Exchange, noon session : Wheat July. Bid. $1.15 1.13 ...... 1.12 l.O" 1.07 1.05 Aug. Bid. $1.12 1.12 1.10 1 t5 1.05 1.03 Hard white Soft white White club ....... Hard winter ..... Northern spring . . Red Walla ....... Corn No. 2 E. Y. shipment 29.50 28.00 FLOUR Family patents, .o per par rel; whole wheat, $6.00; graham, $0.40; bakers hard wheat. t .76: oaKers oiue- stem patents, $7.25; valley bakers', $6.50; straigr.ts, $6.50. MILLFBED Prices f. o. b. mill: Mi 11- run. $32 per ton: rolled barley. $35 37; rolled oats, $38; scratch feed, $50 per ton. CORN Whole. $39: cracked, $42 per ton. HAY Buvinr or ice f. o. b. Portland: Alfalfa, $16 oer ton: cheat. $20 per ton; clover, $13 per ton; valley timothy, $24; eastern Oregon timothy, $26. Dairy and Country Produce. ' BUTTER Cubes, extras, 32c per pound; prime firsts, 31c ; prints, parchment wrapped, box lots, 3Sc; cartons, 39 a. But terfat. buying price: A grade, Z'2ct B grade, 30c; Portland delivery. - EGOS Case count, 2iS20c; candled ranch, 2Sc; selects, 30c. CHBESB Tillamook, triolets, orlce to Jobbers, f. o. b. Tillamook, 10c; Young Americas. 20o pound. POULTRY Hens. 17 24c lb.t snrines. 25 27c; ducks, young, 30c; geese, nominal; lurKeys, nominal. PORK Fancy, 12c oer pound. VEAL Fancy, 13 Qv 14c. Fruits and Vegetables. FRUITS Valencia oranges, $4.25 5.75 per box, lemons. $7.7510: grapefruit, $ol I per box ; bananas, 10 & 11c pound : apples. $1.50 &j 2.50 per box ; strawberries $1.501.60 crate; cherries. 512c pound; canta.oupes. i.iW4 crate; peaches, 7uc fa $1.50 per box; watermelons. 2VsS3c-Der pound; apricots, $1.75(2.25 lug; plums, $2 per box; raspberries, $1.50 per crate; honeydew melons, $2gi2.25 . per crate; loganberries. $11.25 pur crate; currants, $1.5t 1.75 per crate. VEGETABLES- Cabbage, 3Zc pound; lettuce, $2 2.25 per crate; carrots, $2.50 per sack; garlic, 10 25c per pound; beets. $2. 25 (a 2.50 per sack; green peppers, 30 35c pouna; rnuoaro. otubc per pound: turnips. $22.25 per sack; tomatoes, $2.5t3.25 box; cucumbers, $1(&1.75 per dozen; peas, Tllc per pound beans. 7j 15c per pound. POTATOES New Oregon, 2c pound; new California. 30 per pound. ONIONS California red. $1.65 sack: yellow, $1.75 sack. Staple Groceries. Local jobbing quotations: SUGAR (sack basis) Cane, granulated, B.25c per pound; beet, 6.05c per pound. NUTS Walnuts, I921c pound; Brazil nuts, 182oc; filberts, 18c; almonds, 24 30c; peanuts. Sy'l lc pound. RICE Blue Rose. Gc per pound; Japan syle. 4c per pound. BliANS Small white. 6c; pink. 7o; lima, lc; red, 10c per pound. COFFKE Roaster, bulk, in drums, 14 86Ho per pound. SALT Granulated, barrel, $3.40(4.25; half ground, ton AOs, $19.75; 100s, $19.23; lump rock. $26.50. v DRIED FRUITS Dates, $5.50 7 per box; figs, $25.2o per box. HONEY Comb, new crop, $3.50 per case. Provisions. HAMS All sizes, 303Gc; skinned. Sid S6c: picnic. 18c; cottage roll, 2bc BACON Fancy 4 3 y 53c; choice, 309 35c; standard, 25 & 27c. LARD Pure, tierces, 16c pound; com pound, tierces, lie, DRY SALT Backs. 2023c; plates. 16c. Hides, Hops, Etc TALLOW No. L 4c; No. 2. 2HP3C per pound. CASCARA BARK 5c pound delivered PtMMland. "HOPS 1920 crop, nominal, 12 915c per pound. ' HIDES Salted country hides, 4c deliv ered Portland; grubby hides. 3c; city calf skins, 12c; country calf skins, 10c; good kip. 6c; grubby kip, 4c. WOOL New clip, I320&c per pound. MOHAIR New clip. lS20c per pound, delivered Portland. GRAIN BAGS Nine cents at country points. Oils. LINSEED OIL Raw, In barrels, $1.02, 5-gallon cans, $1.17. Boiled In barrels, $1.04 : 5-gailon cans, $1.19. TURPKXTINE In drums, 3c; -gal-Ion cans. $1.07. WHITE LEAD 100-lb. kegs. 13c per' lb COAL OIL Tank wagons and iron bar rels, 17 c; cases, 30037c GASOLINE Tank wagons and Iron bar re 1, 28c; cases. 40 He. Cotton Market. KEW YORK, July 6. Cotton Spot, quiet. Middling, 12.05c. The high price of silver has caused the reopening of many old mine, in th, west. Fortified bj? Plant Revenues and Taxes; Backed by Diversified Industries 6, Income Tax Exempt General Obligation Bonds Cijty of Bandon, Ore. Due 1926-41 PRICE TO These bonds are issued to defray cost of converting the steam plant into a hydro-electric system. Should plant surplus ever by any chance be insufficient taxing power is available. . Bandon's taxable wealth totals $1,580,000. In addition to being the center of an immense lumbering industry it is situated in the heart of a rapidly developing dairy and farm region. i Call or WTite for detailed information BROADWAY E A A OTHER LIFT IX PRICES AT XCRTH PORTLAND. Top Grade Light Weights Sell at $9.50 Cuttle and Sheep Are Steady Bay's Receipts Small. j f Only two loads of stock arrived by rail and business at tne North Portland yards was limited. The scarcity of hogs this week resulted in another advance of a quarter in both light and heavy weights, which brought the top quotation on prime lights up to $9.50. There were no cnanges in the cattle or sheep divisions, where the tone of the market was steady. Receipts were: 24 hogs and 4S5 sheep. Wt. Prlce.l Wt. Price. 3 calves. 140 $S.50 7 mixed- 670 4.75 3 hogs.. 2o2 9.65 2 hogs.. i:iO $50 15 hogs.. 170 9-iiO 7 hogs:. 2J0 9.25 4 Logs.. 1!0 0.6O1 3 hogs.. 253 9.25 16 hogs. . iva 9 tr, 3 hogs. . 213 9.25 2 hogs. ,t 1S5 V.00 3 hogs. . 250 9.25 3hos.. 10O 9.50 11 hogs.. 14 9.50 1 hog... -TO 9.25 1 hog... S00 6.75 8 hogs.. 191 9.50 4 hogs. . 145 9.25 6 lambs. 58 4.0O 2 hogs.. 140 9.25 2 lambs. 65 25 5 lambs. 74 - 0.25 2 lambs. 55 .252 lambs. -73 8.50 j 12 Umbs. HS 6 25;40 lambs. 81 0 50 7 lambs. 65 a 6.23 10 lambs. 70 6.05 21 lambs. tttt 6.25 10 lambs. 7 - 6.25 , 12 Iambs. 70 6 5o 10 lambs. 71 5.50 10 lambs. 58 6.75111 lambs. 6S 5.t 17 Iambs. OS 6.75123 lambs. 61 5.20 24 lambs. 7. 6.75 8 Lambs, 70 6.25 29 Iambs. 61 6.251 4 lambs. 57 o.OO 2 yearl. 95 5.00:28 lamb. 82 6 75 1 yearl. 80 S.00'234 yearL 89 5 00 33 ewes.. 97 2.003 yearl.. 84 4.O0 Icow.. 1146 2-OOI 6 yearl.. 147 3. on 1 cow. . 12iK 3.8., 1 ewe. . . 1J0 3 00 Icow.. 115 3-04 5 bucks. 202 1.50 1 bull. . OO 3.25 Livestock prices at the local yards fol low : Choice steers 50 07. 00 . . . 3.504i 6.25 ... 4.75f5.50 . .. 3.00fj,4.75 Medium to good steers....... Fair to medium steers Common to fair steers Choice cows and heifers Medium to good cows, heifers Fair to medium cows, heifers Common cows Canners Bulls Choice dairy calves Prime light calves Heavy calves Choice feeders Fair to good feeders Hogs Prime tight . . . 5.00-a'5.5o 4.25U5.00 3 20& 4.25 2 25-U 3.25 1 .5042 2.25 2.50 3.50 8.00. 8.50 7.50fe 8 00 3.00 4. 50 4.50-& 5 00 8.504.50 9. 25 50 Smooth heavy, 250 to 30O lbs 7.5KiS.50 Smooth heavy, 30 lbs. and up.. 6..0'g'.0 Kougn neavy Stags Fat pigs Feeder pigs 4 50(0-7.50 4 IK(7.00 9.WJ 8.25 8.50 9.00 tneep-- Eat-of -mountain lambs 6.50 7.00 Best valley lambs 6.006. 50 Cull lambs 4.00 ft 5.00 Heavy yearlings 4.00r4.50 Light yearlings 4 .'nra 5.00 Light wethers 4.00-&4.5O Heavy wethers 3.004.0 Ewes ' 1.0 3. 00 Chicago Livestock Market. CHICAGO, July 6. (United States Bureau of Markets. ) Cattle Receipts, 8000; beef steers and she-stock, steady to strong; top, $9; bulk fat steers, $6.75 8.25; bulk fat cows and heifers, $4.50 G.50; canners and cutters, largely $1.75 3.25; bulls and veal calves, strong to 25c higher; bulk bolognas, $4.25g)4.50; butcher grades, largely $5 5.75; veal calvos, $8.73 9.50; stockers, strong ; feeders, dull. Hogs Receipts, 16,000; mostly 25 c higher than yesterday s average : lights and light butchers, active ; others, slow; top, $.75; bulk, $90)9.70; pigs, 25c higher; bulk desirable, $99.25. Sheep Receipts, 8000; mostly 25c higher; some western sheep 10c up; top native lambs, to packers, $10.25; one deck $10.65 to shippers; very good Idaho held at $11 ; choice dry-fed yearlings, $8.50; fat ewes, mostly $34.25. Kansas City Livestock Market. KANSAS CITY, July . (United States Buy Bonds With Your July Funds We have listed in our -July circular the bonds we recommend for purchase at this time. These carefully select ed securities yield from 4.10 to 9.75. To obtain this list of high grade Bonds, ask for OR-400. The National City Company National City Bank Building, Hew York. Portland Yeon Building Telephone 6072 Main Bonds Short Term Notes Acceptances Den. $500, $1000 YIELD 6H AND OAK Bureau of Markets. ) Cattle Receipts, 70O0; beef steers, Steady t j 25c lower; heavy and common grades weakest ; top heavies, early, $S ; best medium weights, bid $8.25; yearlings, steady to higher; best. $8.70; other choice lots, $S.358.60; other classes mostly steady; bulk canners, $1.501.73; top fat cows, $6.25; medium and good, mostly $43.25; cutters, mostly around $3; bulk bulls, $3.50(4.60; stock ers, steady to higher; good light kinds, ..255.K0; best vealers, strong; top, $8.25; other calves, steady to weak. Hogs Receipts, 6000; open slow, mostly 25c higher than yesterday's average ;. close active, 25c to 35c higher; best lights and mediums, to shippers and packers, $0.30fP 9.35; bulk of sales, $9)9.25; top. $9 35 ; bulk pagking sows, $88.25; choice stock pigs, $9. Sheep Receipts, 2500; sheep, steady; most fat native ewes, $3.604 ; native lambs, 25c and 40c higher; best, $10.15; bulk, $9.509.85. Omaha Livestock Market. OMAHA, July 6. (United States Bu reau of Markets.) Hogs Receipts, 6500; sctive, 15c to 25c higher; bulk 180 to 240-pound butchers. $8.709; top, $9.50; bulk butchers, 250 pounds and over, $8.35 8.75; packing grades. $8&8.33. Cattle Receipts. 4500; beef steers, gen erally steady; top, $8.10; all other classes, steady. Sheep Receipts, 16.000; native lambs. 23c to 50c higher; top, $9.50; westerns, strong to 10c higher, $10.60 paid; sheep, strong; ewes, top, $4.50. Seattle Livestock Market. SEATTLE, July 6. Hogs Receipts, ncne ; steady; quotations unchanged. Cattle Receipts, none; steady; quota tions unchanged. QUOTATIONS ON DAIRY PRODUCE Market Prices Rating on Butter, Cheese and Kggs. SAN FRANCISCO, July 6. Butter Ex tra choice, 42c; prime firsts, 35c; Cali fornia firsts, nominal; California second, 27c. Kggs Extras, 86c; extra firsts, 8-ftc; dirties, 81c; extra pallets, -27 c; under sized pullets. No. 1, 21 ne. Cheese California flats, fancy, 21c. California flats, firsts, 20c; Young America fancy, 22c. CHICAGO, July 6. Butter Higher. Creamery extras, 86 He; standards, 38c; firsts, 31 33 He; seconds, 27Mc. Eggs Higher. Receipts, 28,414 cases; firsts, 28c; standards, 280 ordinary firsts. 25 g 26c ; at mark, cases Included, 26(&27c. NEW YORfcTjuIy , Butter Firm Creamery higher than extras, 3838c; creamery extras, 37 37 He: creamery firsts. 34H36Hc. Eggs Firm. Fresh gathered extra firsts, 35 36c; firsts, 33 34c. Cheese Firm. State whole milk flats, fresh specials, 174M7c; twins, 16 17?c, SEATTLE, July 6. Wholesale prices to dealers: Kgg Select local ranch, white shells, 29e; do mixed colors, 2728c; pullets, 25c Butter City creamery cubes, 34c; bricks or prints, 35c; country creamery extras, cost to Jobbers, in cubes, 30c Coffee Futures Steadier. NEW TORK, July 6. After opening at a net decline of six points on July, but generally unchanged to one point higher, - PUTS IZ CALLS MQ STOCK EXCHANGE S?0 10 SHARES ISSUE. FROPITS 7-DAY-OP- gT VK TION FOR ID J LIMITED The only way to trade safely. Write for Booklet 64. FREE, ex plaining? fully. C. GOLDHl'RST CO. Service! Reliability! I 50 Broad St., New York I I $25,000,000 Canadian National Railways Canadian Northern Railway Company 25-year 6 (non-callable) sinking fund gold debenture bonds The bonds are not callable in whole or in part. The Dominion of Canada Guarantees principal and interest by endorsement Canadian counsel advise us that these guaranteed bonds are secured by the full credit and taxing power of the Dominion of Canada equally with its direct obligations. Dated July 1, 1921 THE A sinking fund, commencing immediately, of $500,000 per annum is to be made available in equal installments during each six months, for the pur chase of bonds in the market, if obtainable at or below par. ,Any unex pended balance reverts to the Railway Company. The bonds are the direct obligation of the Canadian Northern Railway Company, which is owned by the government of the Dominion of Canada, and forms part of the Canadian National Railways System, which will consist of over 22,000 miles, extending from the Atlantic to the Pacific oceans and reaching every important traffic center in Canada. Price 96V2 and interest. To yield about 6.80 Dillon Read and Company The National City Company Blair and Company, Inc. Bankers Trust Company, New York First Trust and Savings Bank Bond and Goodwin and Tucker coffee futures Bagged- off few points under scattering liquidation. September sold down to 6.30c with active months srenerallv showinK net losses of four to seven points, but offerings were light and the tone was steadier lale in tne aiier noon owing to an advance in Santos and nrlvate cables intimating that the govern ment had named a minimum buying price of 14.050 rels for Santos and 1-VI.UO rels for Rio coffees for the new season- The close was net unchanged to six points higher. Closing bids: July. 6.00c: Sep tember, 6.31c: October, 0.45c; December, 6.73c; January. 6.83c; March, T.Olc; May, 7.21c. Spot coffee, quiet; Rio 7s. 6Hc; Santos 4a, 9 Ho to VKc. - Dried Fruit at w Tork. NEW TORK, 4July 6. Evaporated apples, nominal; prunes, better export de mand; peaches, quiet. New York Sugar Market. TJEW TORK. July 6. Raw sugar. c for Real Estate Mortgage We have made a loan of $300,000 to the owners of the Broadway-Yamhill (Hippo drome) Building1, which is located on the N. W. corner of Broadway and Yamhill street. The mortgage is a closed first mortgage on both land and building. The property 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 I you. Ask for it. Blyth. Witter. 6c Co. Ycom Bldg.. PORTLAND SEATTLE - SAN FRANCISCO -LOS ANGELES- NEW YOWt We Own AN INVESTMENT TO YIELD Secured by a first closed mortgage on In side business property, located at Broadway and Yamhill sts., Portland. Or., known as the Broadway -Yamhill Building APPRAISED AT S,0O0. THIS 1SMIE S300.000. . MATURITIES 1922 TO 1926. These Bonds are a legal investment for Savings Banks in Oregon. Details fnrnfolied upon request. f-l.DevereauxgifQmpany INVESTMENT BONDS PORTLAND, ST Sixth St. Principal and interest payable in gold in New York City at the agency of the Canadian Bank of Commerce. Interest payable January 1 and July 1. Bonds in coupon form of $1000 with provision for .registration of principals Total authorized issue, $25,000,000. CHASE NATIONAL BANK OF THE CITY QF NEW YORK, TRUSTEE. The information contained In this advertisement has been obtained from sources which we consider reliable; while not guaranteed. It ia accepted by us as accurate. centrifugal. Refined, S.20B5.40 for fine granulated. Xuluth r.lnseed Market. DULUIH, July 6. Linseed on track and to arrive, 1 82 Plums, peaches, -prunes, cherries and apricots are plant word cousins, all belonerini? to the prenfts prunes. Money to Loan on Business and Residence Property. Mortgage Bond Company Main 2831. "Wilcox Bide. and Offer OBEGO.V. Bdirr. 1043. Guaranty Company of New York, Lee, Higginson and Company Illinois Trust and Savings Bank Cyrus Peirce and Company Continental and Commercial Trust and Savings Bank, Chicago 8 for 20 years United Drug Co. 20-year 8 Convertible Gold Bonds , Due June 15, 1941 Manufacturers of 'HexaU" products. Owns factories in New York, Boston, St. Louis, New Haven, Albany, Toronto, etc Has over 8000 drug store stockholders. drug stores. Gigantic manufacturer "of medicinal preparations, pharma ceuticals, hospital supplies, rubber goods, perfumes, confec tionery, stationery, toilet preparations, etc. Sales 1920, $68,428,179. Net earnings, averaged last three years $4,800,125, four times interest on all indebtedness. Annual sinking fund, $750,000, td purchase bonds in market up to 113. Callable at 115. Bonds convertible into common stock. Denominations $100, $500, $1000. j This is one of the greatest merchandising concerns ia ' the world. These bonds offer not only safety, but a large market profit as interest returns toward normal, 20-year '8's at 100, to yield 8 without deduction for 2 normal federal income tax. Wire orders "collect." Call, write or phone for circular Freeman, an mAMcisoo Northwestern Electric Company 6s TO YIELD 7.50 - Due May 1,- 1935. Iirect First Mortpagre on all property of the Com pany, which distributes electricity in Portland and vicinitv. Earnings are about twice the interest charges. PRICE 87 to YIELD 7.50 E.H.ROLLINS &SOXS Investment Hands iOSTOV-WEW TORK CHICAGO 4.V FRANCLSCO LOS ANCEL& Qjtortliwestepresentatlve 404 COUCH BUILDING CplephonccManhall 2t)5 PORTLAND 1 ,i!4P S POHTt-AN I Due July 1, 1946 Owns 227 Liggett's Smith & Camp Cc. KOWHB FLOoa LUMBBNMCNS BUILOINa niTH AND TAK mar S7o m ih liim Irani imiin mrnnfw v23f?i. Ill ?? !