Morning Oregonian. (Portland, Or.) 1861-1937, July 20, 1921, Image 21

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Morning Oregonian., July 20, 1921, Page 21, Image 21

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Newspaper Page TextTHE MORXIXG OREGOXIAX, WEDNESDAY, JULT 20, 1321 21 V K DULY 10 PERCENT OF WOOLS HELD Orego n Growers Sen or Con sign Bulk of Clip. EMAND IS LIGHTER NOW Irlces Slightly Easier as Season Draws to Close MJIIs East Well Occupied, Not over 1-0 per cent of the Oregon wool clip remains to be disposed of. The largest accumulation left la at Baker and the remaining- cllpa are scattered throughout the tate. This surplus will graduallr he worked off, either by sale or consignment. There Is not much demand for wool at present and the feeling In the market Is Little easier than it was. Most1 of the western sections have been cleaned out ex cept Montana and In that stats the bulk f the clip, which is smaller this year-than wuaJ, has been disposed of. In the east manufacturers continue to fctjy wool In a moderate manner, taking stocks only as they need them and select ing the beat wools available always. A talr quantity of wool la going Into con sumption constantly and bo prices keep steady as a general thing, although some types of scoured wools, notably the poorer descriptions of Cape, have been a little easier. The demand for three-eights combing wools has been good In the east, particu larly for the high-grade territory types which have commanded as high as &5 cents, clean, alto up h the bulk of the wool sold has been around 50 and 52 cents, clean basis. There has been a good call for the fine and fine medium wools of the terri tory type In the original sacks, for which the mills axe paying the usual prices, that fa, RO and "O cents for French combing wools and around 75 cents for fairly good combing territory, while a little of the clothing type is being sold at about 60 and 45 cents, depending upon the wool. The position of the mills Is well Indi cated by the statement of President Wil liam M. Wood Just before he sailed abroad, when he said that the mills of the Ameri can Woolen company were occupied to 95 per cent of their capacity. This means, of course, that they are. drawing on their re serve supplies of wool heavily and would seem to indicate the necessity of making heavier purchases In the eastern markets In the not distant future. Their buyer, has taken considerable quantities of wool in Oregon, taking a little here and there at prices which are on the top aide of the market because they can afford to outbid the dealers. resumed feerterday. Iocal Jobbers raised their quotations 15 cents a hundred on all grades, following a similar advance by California refineries. NEW YORK, July 19. Raw sugar, 4.61e for centrifugal; refined, 5.20c to 5.75c for fine granulated. Bank Clearing. Bank clearings of the northwestern cities yesterday wera as follows: Clearings. Balances. Portland . . . 4. $4.1137.122 9370.25 Seattle- 4,67,0W3 trl4,269 Tacoma 616.807 87,13 Spokane 1.2U5.&S1 SlM.1-1 PORTLAND MARKET QUOTATIONS Grain, Flour, Feed, Etc Merchants' Exchange, noon session: Wheat Bid- July. ..$ 1.15 1.14 1.14 1.12 1-10 1-08 A UK. $ 1.12 1.11 1.11 1.09 3.09 1.U6 Sept. $ 1.12 1.11 1.11 1.09 1.09 1.06 2600 25.00 25.00 24.00 . . 22.00 24.00 22.00 STOCKS FIRM HT CLOSE FOBEIGy OHjS STIMULATED BY ACTIOS" OF EOrSE. candle nneb BIDS FOR WHEAT ARE REDUCED Prices on Loral Board S to Cents Lower Than Last Week. Wheat hid were ajca.tn posted at the Merchants' Exchange yesterday for all de liveries. There was some buying In the country, mostly around 05 cents net, but the larjre buyers were not disposed to op orate heavily in view of the lrrgularlty of the Chicago market and the acute weak ness of sterling exchange. The wheat bids made at the Merchants' Exchange session ranged from SI. 15 on hard white down to (1.08 on red Walla, or 3 to 8 cents under the offers ported Last Friday. Bids were made of 28 for July white feed oats and $31 for July No. 2 corn, the latter an advance of (1 over Monday's price. BnoWs report from 'Winnipeg said: "There Is a big area In west central Mani toba that Is badly burned. In a 20-mile circle around Areola find black rtiat in each field examined." Weather conditions rn the mtddlfe west tea telegraphed fom Chicago: "Early re ports show generally clear to cloudy and stoma cooler. There was heavy rain In the Ohio valley last night, also southern In diana. Muscatine, la., and Hutchinson, Kan., reported heavy rains. Northwest Generally clear and cooler." Stocks of contract wheat In public eleva te la Chicago Kaurday night were 132.000 owtihel.; corn, 5.751,000 bushels; oats. 6239 bushels. Wheat. Increase, 19.O00 bushels for he week; corn, decrease, 255,000 bushels; oats aecrea 404.000 buahela. Terminal recMpta, In cars, were reported y the Merchants' Exchange as follows; Wheat. Bar. Fir. Oats. Hay. Hard white Soft white White club . Hard winter Northern spring . Red Walla Oats No. 2 whits feed Barley Brewing feed -.........., No. 1 E. T. ship 81.00 80 00 80.00 FLOUR Family patents, J7.S0 per bar rel; whole wheat. $6.20; graham, (SOO; bakers' hard, wheat. T.25; bakers' blue stem patents. $8.75; valley bakers, 18.00; straights, 5 75. MILLFEED Prices f. . mln: Mill run. $30 per ton: rolled barley. 3337; rolled oats. $37; scratch feed, $50 per ton. CORN Whole, $38; cracked, $-49 per ton. HAT Buying price f. o. b. Portland; Alfalfa, $15 per ton; cheat, new, (14 ton; clover. $11 per ton; valley timothy. $24; Eastern Oregon timothy, $28. Dairy and Conn try Prodnes. BUTTER Cubes, extras. 84c per potmd; prime firsts, S3o; prints, parchment wrapped, box lots, 40c; cartons, 41c. But terfat. buying, prices: A grade, 84c: B grade. 82c, Portland delivery. ECK3S Case count. 30c: eggf. 33c: selects. B5Btc. CHEESE Tillamook, triplets, price to Jobbers, f. o. b. Tillamook, 20c; Young Americas. 21o pound. POULTRY Hens, 1825c lb.; springs. 2521e: ducks. 20$24c: geese, nominal; turkeys, nominal. PORK Fancy. 1017e per pound. VEAL. FaJicy. 15c per pound. Fruits and Vegetables. FRTJTTS Valencia oranges. $5.005.75 per box. lemons. $811; grapefruit. $3 3.50 per box; bananas. 10'allo pound; apples, old crop, $22.25 per box; new, i293.25: cherries. 6914c pound; can taloupes, $1.75g8. T crate; peaches, $1 1.25 box; watermelons, 2tt1r3o per pound; apricots. $1.10412 box: plums, 91.avvv-.-0 box; raspberries, $1.501.75 crate; logan berries, $1.50(1.75 per crate; blackcaps, $2(2.25 crate; pears, $3 754 box. VEGETABLES Cabbage. 33Hc pouna; lettuce, $2'S2.50 per crate; carrots, $2.50 per sack: garlic. 1020c per pound; beets. $2.252.50 per sack: green peppers, 30 ase pound ; rhubarb, 5 fa 6c per pound; tur nips, per sack: tomatoes. su.Duif. pere box; encumbers, 75Cff$1.50 per dozen; peas, 10(515c per pound: beans. 1015c per pound; green corn. $4 4.50 per crate. POTATOES New Oregon, Z'AKf-'c a pound: new California, 24(30 pound. ONIONS California red, $1.75 sack; yellow, (1.752 sack. 6taple Groceries. Local jobbing quotations: SUGAR (sack basis) Cans, grann'ated, B.lVic pound; beet, 6.75c pound. NUTS Walnuts. 19I&21C pound: Brazil nuts, lScfr20c; filberts, 18c: almonds. Sittp 30c; peanuts. 8nllc pound. RICE Blue Rose, 0c per pound; Japan style. 44c per pound. BEANS Small white, SMc: pink. 7e: lima, 7Sic: red. 10c per pound. COFFEE Roasted, bulk. In drums, 143 36Hc per pound. SALT Oranulated, barrel, J340JT42S: half ground, ton 50s, $10 75; 100s, $19.25; lump rock. $26.50. DRIED FRUITS Dates. 425W-H.S3 per box: figs. $3.255.25 per box; prunes, 7c per pound. ProviHions. HAMS All sizes, 37g'39c: skinned. 84 41c: picnic. 2021o-: cottage roll, 25c. BACON Fancy. 4752c; choice, 32 37c; standard. 2529c. LARD Pure tierces, 16o pound; com pound, tierces, 12c. DRI SALT Backs, S2S25c; plates, 16c. Portland Tueeiay 4H 1 ear a go 40 Feason todatePlM "Year ago 767 Tacoma Jffonday ?1 iar ago 20 Foson to data 120 Year ago ..... 00 Seattle Tuesday . . . . 23 1'ear ago 5 Feason to date 14S l'ear ago 50 10 12 3 1 97 40 6 2 4X 63 1 2 84 15 42 13 48 1 TOP GRAPE BCTTEB IN DEMAND -Cnder- cents for extraa, 'as not extensive. not so readily Rail-way Stares Strong ThrougTioiit Session Fresh Breaks In For eign Exchange Kates. NTTW TOHK. July 19. Washington to day stimulated trading In stocks. Oils, especially the foreign group, early in the session displayed activity and strength on rejection by the house of the proposed tax on imports, lost ground at mid-day, and rallied sharply later. Rails showed more consistent strength. Steels, equipments, motors and affiliated Issues followed yesterday's uncertain course. Strength in several prominent is sues was offset by heaviness in others, notably General . Electric, Studebaker and Chandler. Sugars, tobaccos, leathers and the more miscellaneous stocks moved within re stricted areas. Total sales of 315.000 shares spproxlmated the year's low record for a full session. Fresh reactions occurred in foreign ex change, with the British rate again par ticularly weak. Recoveries followed when dealers reported moderate buying of grain and cotton Dills lor ,nguan ana. r reuv. accounts. Call money exceeded the demand, trie 6 per cent rate on the , exchange . being lowered to ti per cent In private nego tiations. Similar conditions applied to time funds, for which a nominal Inquiry was reported. Business in bonds was relatively greater than in stocks Liberty Issues showed mixed gains and losses, but most domes tic and international groups tended up ward. . Total sales, par value. $10,450,000. CLOSING STOCK QUOTATIONS CFurnlshed by Overbeck A Cooke com pany, Portland, or.) Sales, Mo Pae ...... do pfd M St P St SSM Nat Lead .... Nevada Con.. New Haven... Norfolk & Va. Nor Pacific. N T Central . . Okla Prod ref. Ontario Silver Ontario W. Otis Steel . . . Pacific Dev . . Pac Gas K . Pacific OH... Pac Am Pet.. do B 100 7O0 "306 SOO 1.200 8OO S.IHI0 800 2no 100 700 17,800 60 1.3O0 2.700 300 1.000 13,000 1,000 300 5.T00 Hides, Hops, Etc. TALLOW No. 1. 4c; No. per pound BARK So 2M 3c pound delivered Extras Pell Readily at 84 Centi grades Drag. Good nib. butter was in demand and the market was firm at 34 the supply of which M The undergrade were moved, however. The egg market was active considering Tne limited supp:y available. Prices were unchanged. There was a vry good demand for poultry of all kinds. Hens sold at IS to 25 cents, according to weight. Leghorn springs brought 25 cents and Plymouth Rock and red springs 2Sf(f29 centa There was some sale for white Pekln ducks at 24 cents and colored ducks at 20 centa Country dressed meats were firm. Fancy veal brpught 15 rents and dressed pork sold as high as 1IVS17 cents. Pork was very scarce and not much veal was of fered, but the Indications are that the high prices will bring In more calvesr TROPICAL COl NTRIKS BIT SALMON Large Quantities Exported to Philippines and Eat Indies. Figures on exports of canned salmon in May. rie latest issued by the department of commerce, show that with the excep tion of Belgium and Canada, most of our exported canned salmon was shipped to tropical countries. The ten countries which bought more than 25.000 pounds of salmon last May are as follows: Philippine islands. 307,000 Vminds; Mexico. HO.OiiO; British South Africa. Gtt.ooO; Belgium. 63.0OO; Straits Settlements. 62.000; Dutch East Indies, 61.800; Canada. B7.0OO; Australia. 52. SOO; Bermuda. 30.000, and Dominican republic, 20,000. CASCARA Portland. HOPS 1920 crop, 12c per pound. H I DBS Nominal. WOOL New clip, 122tc per pound. MOHAIR New clip, 10c per pound, delivered Portland. GRAIN BAGS Nine cents at country points. Oils. LINSEE3D OrL Raw. in barrels. $1.02; 5-gallon cans, $1.17. Boiled In barrels, $1.04: 5-gallon cana $1.10. TURPENTINE In drums, 92c; 6-gaI-lon cans. $1.07. WHITE LEAD 100-lb. kegs. 13c per lb. COAL OIL Tank wagons and iron bar rels, 17tc: cases, 3037c. GASOLINE -Tank wagons and iron bar rels, 2Sc; cases, 40ifcc. BIO INCREASE IN WHEAT EXPORTS Foreign Trade In Cotton Falls Off Sharply In Last Tear. . WASHINGTON. D. C. July 19. Exports of breadstuffs, cottonseed oil and min eral oils increased substantially during the last fiscal year over tne previous year, while cotton exports fell off by more than 1.500,000 bales and meat and dairy prod ucts declined by rore than (300.000,000, according to department of commerce fig ures today. Breadstuffs exports were $1,071,000,000, against (808.000.000 the previous year, fig ures for the month of June being (08,000. 000, against $81,000,000. Cotton exports for the year were 5.409, 000 bales. worth (K00.OUO.000. against 6.915,000 bales, worth $1,381,000,000 and for the month 41)5,000 bales. woKh (3O.510.OO0. against 241.000 bales, worth S 5O.0U0.0O0. Cottonseed oil was 273,000. OOtf pounds, worth (31,000.000, compared with 159,000. 0O0 oounds. worth $30.100,000 for the year. and 14,000,000 pounds, worth. $1,000,000 against 11.0OO.00O pounds, worth (2,000, 000. for the month. Mflat and dairy products were . worth $4o3,0W.000 for the year, compared with (771.000.000, and for the month (24,000,- 000, compared with (4S.000.000. Mineral oils for the year, 3.035,000.000 'gallons, worth (535,000.000. compared with 2.833.0O0.000 gallons, valued at $420,000.- 000; for the month, 204.000.000 gallons, worth (26.000.000. against 248,000,000 gal lons, worth (46,000.000. Wheat exports in June were 25.000.000 bushels, worth (40.000.000, compared with 11.000.000 bushels, worth (37.000.U00. Flour exports, 1.00,000 barrels, worth $11,000,000. compared with 2,000,000 bar rels, worth (22.000.000. Corn. 12,010,000 bushels, worth (9.000.- 000, compared with 834,000 bushels, worth (1.600,000. CANTALOUPE PRICES EASING OFF Melons Steady With Good Demand Early Oegon Pearlies Plentiful. There was a somewhat easier feeling in the cantaloupe market and prices were reduced on most grades. Standards sold generally at CI 75 and ponies at (333.25. Melons were steady. There were fairly large receipts of Alexanders and other early peaches from points up the Columbia. The best -were held .at $111.15, but lower prices were taken to clean up. Berries are still coming in in rufftetent supply to satisfy the demand. Good lo gans and raspberries moved at (1.75 a rate. Sugar 15 Cents Higher. The advance in the sugar market was Adams Exp .. 400 Advance Rum. Agr Chem ... AJax Rub Alaska Gold.. Alaska Juneau Allied Chem.. Allia Chal ... do pfd Am Beet Sug. A m Bosch .... Am Can Co... do pfd ..... Am Car A F.. do pfd ..... Am Cot Oil... Am Drug Syn. Am Hide & L.- do pfd ..... Am Int Corp. Am Linseed.. do pfd ..... Am Loco .... do pfd Am Saf Razor Am Ship &. C Am Smelter. .. do pfd Am Snuff ... Am Steel Fdy. Am Sugar ... do pfd. Am Sumatra. Am T & T Am Tobacco.. do B Am Wool .... d opfd Am W P pfd. Am Zinc .... Anaconda .... Assd Oil Atchison .... rio nfd. . . . . . At. Glf & W I. 21.200 Baldwin Loco. 7.000 do Dfd Bait & Ohio. do pfd - Beth Steel B. B R T , Butts C & Z. , Kutte & Sup. . , CM Packing. . Cal Petro....'. Can Pacific... Cwt Leather. Chand Motor, t'hgo & N W. Chi Gt West.. do pfd. ..... ChiU Cop ... Chino C M & St P.. do pfd. . .... Coca Cola.... C & O Colo F A I. . . Colo G & E.. Col Graph ... Con Gas .... Contl Can ... Contl Candy.. Corn Prod . . . do pfd Cosden Oil... C R I & P do A pfd . . . do B pf d. . . Crucible do pfd. ..... Cuba Cane .. . do pfd Cuba Am Sug. Del & Hudson Dome Mines.. D & R G do pfd Endi Johnson Erie do 1st pfd.. do 2d pfd... Fam Players. . Fed M S . . . do pfd...... Fisk Tire . . . Gaston 'Wms. . Gen Cigars .. Gen Klec .... Gen Motors . . . do 6s Gen Asphalt. . Goodrich .... Goodyear .... Gt Nor Ore.. Gt Nor pfd... Greene Can... Gulf S Steel.. Hask Barker. Houston Oil.. Hupp Motor. . Illinois Cent.. Inspiration Int Agr Corp. do pfd IntPrboro .... do pfd Interst Cal... Int Harv .... do pfd Int Merc Mar. do pfd. Int Nickel ... Int Paper . . . do pfd Invinc Oil ... Island Oil ... K. C Southern do pfd Kelly S.pgfd. .. Kennecott Krystone Tire. Lack Steel... Lee Tire .... Lehigh Valley Lowe Theaters L & N Mex Petro. . . . Miami M id St Oil .... Alidvale Steel. M K & T do pfd . Mont i'oirr. . . Montpv Wad High. 42 Vi Low. 41 100 88 38 200 20 20 800 U H "ioo "ioii "30 "'466 'isii ' "2SVi "'"ioo "26" 26" ""200 i23" 122 '1.266 "ivi "M ""706 "5214 "si'A 500 83 33 '"s66 ' ""I 800 7H 6' 700 S74 87" 65 60 88 i 47H 103 Tti 123V4 122H, 68 SOO .38 l.ioo 100 3.700 100 4.100 200 1.200 2.800 2.300 500 1O0 IOO 1.300 1O0 900 IOO 800 4O0 200 2O0 600 10O 1.3O0 200 "966 8.5O0 ino 700 3.000 "66 1.300 1.200 "266 100 i.2n6 400 700 200 4.600 100 " "ioo 5.10O 10,000 77,800 1.0OO 800 100 200 700 600 83 4 781 21 H 75 '38 61 47 28 68 87 4 103 121' 122 67 . 37. "82?4 78 1, 19i 74 Vs '37 60 , 4654 84 Mi 10!"4 87 B01 64 Vi 7 Vi 17 10H 2.1 'i 26, 40 5, 29 4 54 20(4 55 4"i 85 Vi " 4 60. 32 "64 14 "i.6'4 'fiiU 13 19 13 48 ' 34 109 36 48i 63 7 17 10 23 25 39 29 54 26 54 4 85 ""i 65 '27 31 53 ""n" 24 14 "60' ' 13 18 13 40 11 11 119 10 50 31 54 52 33 117 10 4S 30 68 54 52 91 33 200 800 ""'466 "2,566 '"knit 400 800 """806 7"0 100 ion" 100 1.700 l.oon 41. 400 too l.SOO 5O0 200 4 ',4 75 44 "r2 "in 3 25 "37 19 11 51 10 111 105 21 io4 23 2 4 74 43 "56 'io 2 24 "37" 19 11 51 10 110 101 21 10 23 600 Bid. 42 13 85 20 1 88 80 70 28 83 26 78 122 109 17 4 11 51 83 24 57 81 103 4 7 7 69 100 22 68 87 4 103 123 122 6S 94 5 8 37 98 83 7R 21 75 95 38 50 46 10 4 12 57 83 109 49 64 7 17 10 23 26 40 29 54 26 64 4 85 4: 65 99 27 32 73 63 54 76 24 14. Prt 10 1 60 13 19 13 . 47 6 21 11 1 55 119 10 62 50 80 10 7 67 20 31 54 52 11 91 33 6 87 3 10 4 74 99 11 43 .13 51 90 10 2 25 40 86 18- 1 1 37 27 51 10 111 104 10 23 2 3 48 17 Pa Ry 8. SOO Peo Gas Pere Marq ... Phila Co Pure Oil Pierce Arrow. P4erce Oil ... Pitts Coal . Pitts W Va . do pfd Pressed S Car . Pullman Ray Cons .... Reading .... Remington ... . Replogle Steel . Rep S & I.... do pfd...... , Rep Motors .. . Royal D Oil. Ry Steel Spg. . Saxon Motors. . Stars Roebuck Shat, Ariz ... Shell T & T. . . Sinclair Stand Oil Cal. . Sloss Shef ... . Southern Pao. Southern Ry.. do pfd. ..... St L & a F... Stromb Carb. Studebaker .. Swift & Co... Tenn C & C.. Texas Oil .... Texas Pac . . . Tex P C St O. Tob Prod .... Transctl Oil.. Union Oil Del. Union Pacific. United Alloy.. United Drug. . Un Food Prod United Fruit.. Un Rds of N J Unit Rds pfd. Un Ret Stores U S Ind Ale. . U 3 Rubber.. do 1st pfd.. U S Smelt U 3 Steel do pfd Utah Copper.. Va Chem .... do pfd Vanad SteeL. Vivandou .... Wabash do A pfd... do B pfd... West Pacific. do pfd Weet Union Westghse A B do E & M . . West Md .... White Motors. Willys Ovorld. do pfd Wilson Pack.. Wis Central. . . Woolworth .. Worth Pump. W & L E 500 900 40 300 6.400 20O 200 400 500 19 Sa 75 11 18 94 73 69 9 "S4 50 43 35 50 19 29 25 1S 7 98 12 60 19 87 "74 11 17 93 72 68' 9 "34 49 43 34 50 18 29 25 17 7 98 12 67 2.200 46 44 1.400 52 61 4,300 100 66 7 65 T 2.600 20 20 3.6O0 100 400 40O IOO 17.000 8.800 200 "l'.606 2,800 400 1.300 300 1.300 20O 500 1.100 I.6OO 2. 800 100 13,266 100 900 1.100 76 20 45 24 31 81 83 23 "56 7 19 119 24 'ie' 104 54 60 50 92 "73 108 49 27 75 19 45 23 81 29 83 22 "&h" 7 18 118 23 "ie 104 53 49 49 92 "72 108 48 26 200 28 SOO 300 100 200 7,300 "166 300 8 21 84 87 43 7 28 7 21 4 87 -42 7 42 42 19 88 64 75 10 1 94 73 69 1T4 4 17 10 9 52 1 34 49 42 34 50 19 29 25 17 7 52 26 70 70 98 12 6S 20 19 . 40 SI 4 12 51 SI 4 6r 7 84 20 73 34 78 20 45 24 32 29 90 7 83 22 18 56 7 18 118 23 63 16 103 8 19 54 50 50 92 29 72 108 48 26 72 28 6 7 21 14 23 62 S3 87 42 9 31 7 29 81 28 110 42 S Ex-dlvldend, BONTsS. U S 2s rear 100n y c deb 6s. . do coupon . . .101 V f N P 4a CT S. 4s reg. . . .104 l.v. P 3s" do coupon.. .104Pac T A t" 5s! '. Pan 3s -eg 75 Pa con 4s do coupon... 75 s P cv 5s A T & T cv 6s. 97ISo Ry 53.1".". Atch gen 4 7 lit p . - D & R G con 4s'03 u S Steei "isl".;! 94 90 75 r,4 83 85 82 82 Bid. Liberty Bond Quotations. Range of liberty bond quotations, fur nished by the Overbeck & Cooke company of Portland: Closing Low. Bid Liberty 8s . . . Liberty 1st 4s ., Liberty 2d 4s Liberty 1st 4s Liberty 2d 4s Liberty 3d 4lia Liberty 4th 4s Vlrtory 4s ... Victory 3a High. . .86.74 S7.1S 87.04 91.18 87.18 98.36 98.38 87.18 86.94 01.02 87.04 98.26 98.28 80.66 87.10 80.86 87.18 87.00 91.10 87.10 98 3,4 SS.34 Mining Stocks at Boston. losing quotations: 22 26 37 6 1 85' 3 40 10 BOSTON. July 18. Allouez " 20 INorth RuftA Ariz Com 701d Dom Calu & Ariz.... 45 lOsceola .. Calu & Hecla..221 iQulncy ...... Centennial .... 7'Kuperior ..... Cop Range 32;Sup & Boston. East Butte 7iShannon ..... Franklin IVill'tah Con.... Isle Royalle.... 19 I Winona ... Lake Copper... 2 Volverin ... Mohawk 48 Swift Co. Stocks. Closing prices for Swift & Co. stocks at Chicago were reported by Overbeck & Cooke company of Portland as follows: Swift & Co 90 Libby. McNeil & Llbby 7 National Leather , 6 Swift International 23 Money, Silver, Etc. NEW YORK, July 19. Prims mercantile paper, 6(&6c. Time loans, steady, all 6 per cent. Call money, firm; high, low, ruling rate, offered at. last loan and bank acceptances, 6 per cent; closing bid, 5 per cent. Bar silver Domestic, 99c; foreign, 59 c. Mexican dollars, 45 o. LONDON, July 19. Bar silver, 37 d per ounce. Money, 3 per cent. Discount rates, short bills, 4 per cent. We offer, tuhject to prior sale and change in price: $2,000,000 Province of British Columbia General Obligation Gold Bonds Dated July 15, 1921 Due July 15, 1926 Principal and semi-annual interest (April 25 and October 25) payable in United Slates Cold at the agency of the Canadian Dan of Commerce in Nev YorI( or in lawful money) of Canada at the Canadian Bank of Commerce, Toronto, Montreal and Victoria, at the holder's option. Denominations: $1000, $.500 Bonds may be registered as to principal. Legal Opinion: Malone, Malone & Long, Toronto, Ontario. These bonds are a direct and primary obligation of the Province of British Columbia and are payable from its general revenue. Financial Statement Assessed Valuation i... $801,407,268 Provincial Assets, consisting of crown lands, public buildings, roads 583.000.000 Net Funded Debt, including this issue 48,466,436 Population, officially estimated, 464.943. In natural resources British Columbia is perhaps the wealthiest Province of the Dominion of Canada. Ranking" in point of size after Ontario and Quebec, the total area exceeds 355,000 square miles and contains a population estimated to be 720,000. Production statistics, showing values in 1 920 amounting to $267,000,000, as compared , with about $60,000,000 in 1901, clearly indicate the rapid progress of develop ment which has taken place during the past 20 years. Price: 93 and Accrued Interest Yielding About 7.75 BIyth, Witter & Co. Seattle National Bank Portland Seattle Los Angeles San Francisco New York SEATTLE Tha above Information has been gathered from -reliable sources, although not guaranteed, is believed to be accurate. and E. 1 .'. VXU .!.i..!.I.!..l.!.I..'.LI.iaZ1 Safeguard Your Investments THE selection of se- curities pure h a s e d and offered by the bond department of this bank is based on a thorough knowledge of intrinsic values and fundamental conditions. No company could possibly offer a gTeater degTee of safety to the investor. BOND DEPT. LADD & TlLTON Bank Kore.firo Bond. Foreign Txnd quotations furnlnhed by the Overbeck & Cooke company ox Portland: Bid. , Ask. Russian 5s, ?21 32 Russian s. V.V2Q 3 Vs Russian 6Va. 1919 13 French fis, 19Z &V French 4s, 1917 47 irencn fts, 6, quoted -Is the eqqulvalent of the foreign unit In Tjnlted Stales fund. Country. Unit. Rate. Aaotrla, kronen $ .OOiiO Belgium, francs - 0770 Bulgarian, leva .009.1 C?zcho-Slova.kta, kronen OUffi Denmark, kroner 152." FJng-Iand, pound sterling. .......... 3O30 Finland, flnmwk 01S0 France, franc .07P5 Germany, marks .013S ' Greece, drachmas .0.-flO Holland, guilders 3JO0 Hungary, kronen 0O40 Italy, lire Jugio-Slavta, kronen - -0O70 Norway, kroner ". 1295 Portugal, escudoa - .131-1 Roumania. lei 0143 Serbl. dlnara " 02fl5 Spain, pesetas irtoo Sweden, kroner .2onr. Switzerland, francs 1 China Hongkong, local currency. . .4950 Shanghai, taels Japan, yen . . . . . 4875 m NEW YORK. July 10 Exchange, steady. "5trHn riomnnri. : cables. :t.60iA: francs, demand 7.71, cables 7.RO; Belgian francs, demand 7.60. cables 7.61; guilders, demand 31.45, cables 31. Bl; lire, demand, 4T4; cables, 4.5T; marks, demand 1.29, cable 1.30; Greece, demand ft. 45; Sweden, demand 20.R1; Norway, demand. 12.80; Argentine, demand 2f.SC: wrazjiian, ae- ana, lU'-ou1: Montreal, n ii-io per cent discount. SAJff KBANCISCO PRODUCE MARKET Prices Current on Vegetables, Fresh Fruits, Etc., at Bar City, fliv FRAVOISOO. Julr 19. Vegetables Potatoes, $1.25 2 ; onions, new red, 75 fi 85c : tomatoes. Aiercea. il& l.za, river $2.50g3.50; peppers. 10&20c; peas, 58c; beans, garden, hlOe, lima; 1012c, wax 4(&8c; beets. $1.752 sack ;' carrots, $1.25 &1.50 sacK. eggplant, ovfic; weei pota toes, Coachella valley, fi & 7c, Merced 10 (Slfte: rauaah. bar. $1.502: Los Angelto, SI & 1.23; Italian River, SK&125 lug. ' i'OUliry 11 ens, JO'ffOlC ; uruuora, oe, fryers, 31 45c: young roosters, 20 & 25c; old roasters, 1518c; ducks, 20c; feese. 25c; turkeys, live, 35c, dressed 45 50c; Belgian hares, live, 13 'i? 14c; squabs, tancy, a.f: nld Disreons. 12 dozen. Fruit Oranjtes. vaiencias, ij.soniVio: lemons. 88510.50: lemonettes, $3 4.50; srraDefruit. S34.50: limes, nominal, ap pies. Red Astrachan $1.50(91.75 four-tier, white Astrachan 1.50 1.75. Gravensteins $2 25; strawberries, 50f6oc drawer; black berries. 35 fiw 40C drawer ; loeanoerriea, rea, 45&'50c. black nominal; raspberries, 604 R5c drawer; apricots, 3"5c; peaches, 90c &i $1 per sn-pnunn box ne. one singrie- Ttalian British British British British British JfllS 5a, 1922..... 5s. 1927 5s. 1S29 vky 4s ref 4s. Belgium rest 5s rtrtH Belgium prera 5s 69 German W. 1. &s 9 Berlin 4s 11 Hamburg 4s Hamburg 4 Us Leipsig 4Ms I,eipsi:7 5s Munich 4s .................. Munich 5s .................. Frankfort 4s Jan 4s Jap 1st 4 Us S4i Jan 2d 4 V, s 84 Paris fis W 15-1 U K s. 1921 &9 15-16 L K 58, 1922 S4 V K 5b. 1929 8 U K 6fes, 1937 85 Foreign Exchange. Foreign exchange rate at close of busi ness yesterday, furnished by Norh western National hairk of Portland. The amount QUOTATIONS ON DAIRY PRODUCE Market Prices Rutins: on Butter. Cheese and Eggs, SAN FRANCTSOO, July JO. Butter Etxra choice. 42V,c; prime flreLs, 37Vc. CaUtornia seconds, nominal. Errs Extras, 431c; extra firsts, 39c; dlrtie.. No. 1. 3ftc; extra pullets. Sic; un do. 22c demised pulleti. No. 1, 24Vbc Cheese . alltornla raits, fancy. Z5o; fire is, 19 Vic; Young Americas, fancy. KCW YORK, July 19. Buttei" Easier. Creamery hipher than extras, 41 $j 42c; extras, 41c; firsts. 37fi40V-c. Eegs Irrecular. Fresh gathered extra firsts. 356 -7c; firsts. 314134c. Cheese Firmer, state whole milk flats fresh specials. 20V4 & 21c; twins specials, CHICAGO. July 19. Butter Kleher. "Creamery extras, 40Hf4lc: standards, 39c; Iirs;. 3o0?4uc; seconds. 3UU34c. Eggs iower; receipts. 14,573 cases; flrst, 2S$ 25 Vtc; ordinary firsts, 23 20c; at mark, cases included, 26&27c SEATTLE, July 19. Wholesale prices to dealers: Egg Select local ranch, white shells, 40c; do mixed colors, 3S3Uc; pullets, 32 & 34c. BuLter City creamery cubes, 87c; bricks or prints, 3,c; country creamery extras, cost to jobbers In cubes, 35c NavTal Stores. ' BAVAVN'AH, Ga., July 19. Turpentine, firm. 64c; sales, 60O; receipts, 672, ship ments, 79; stock. 10,031. Rosin, firm: sales. 134ft; receipts, 1816; shipments, none; stock, 93fl6. Quote: B, I. E. F. $3.75; G. $3.80; H. $3 90; I. $4; K. $4 20; M. $4.50; N, $4.75; WG, $5.50: WW, $0.25 21,000 Cattle and 81,000 Acres of Pasture Lands Eighty-eight per cent of the farm receipts from Coos county's thousand farms comes from live stock beef cattle and dairy cows predominating. It is now second only to Tillamook as a dairying district, and with development will equal it in future years, dairy experts declare. Because Bandon is a trading center for this growing and wealthy region, We recommend as a GOOD investment layer box; plums, $1.25 2.50 crate; honey dew melons, $12, according to size crate; watermelons, 22 He; gxapea, $2 3.50; cantaloupes, 75c (; $2.73. Receipts Flour, 340 quarters; barley, 1705 centals; beans, 147 sacks; potatoes, 706 sacks; hay, 140 tons; butter, 730 cen tals; apples. 86 boxes; wheat. 3326 cen tals; oats. 2400 centals: corn. 400 cen tals; onions. 380 sacks; eggs, 139. 202 doz en; cheese, 977 centals; livestock, 45 head. Coffee Fu tares' Close Lower. KEW YORK, July 19. The market for ! coffee futures acted somewhat heavy to day, owing to a poor spot demand. Sep tember dropped to 6.32c, December to C.70c and March to 7.00c. The market from the opening, which was 2 points lower, continued under scattered selling pressure all day and the close was 1 to 6 points net lower. July. 6.13c : September. 6.33o; December, 674c; January, 6.85c; March, 7.06c; May. 7.25c Spot coffee, neglected: Rio 7s. 69ii6&c: Santos 4s, OVs'&Oc. Metal Markets. 1 NEW YORK, July 19. Copper Easy. Electrolytic, spot and nearby, 124 12c; third quarter, 12 13c. Tin hosier. Spot and nearby. 27.25c: futures, 27.Xc Iron Nominally unchanged. Lead Steady. Spot 4.40c. Zinc Easy. East St. Louis, spot, 4.20 4.25c. Antimony 6pot. 4.65c. London Wool Sales. LONDON, July 19. The offerings at the wool auction sales today amounted to 10,998 bales. Continental buyers were ac tive bidders for fine cross-breds. which ruled unchanged. Low cross-breds were frequently withdrawn. Dried Fruit at New York. NEW YORK, July 19. Evaporated ap ples nominal; prunes barely steady; peaches, quiet. Duluth Linseed Market. DULUTH, July 19. Linseed on track and arrive. $2.07. Cotton Market. KEW YORK, July 19. Cotton Spot, quiet; middling, 12.85c River reading. 8 A. M., 10 8 feet; chalnge in last 24 hours. 0.4 foot fall. Total rainfall (5 P. M. to 5 P. M . none; total rainfall since September 1. 1920, 45.95 inches: nor mal rainfall since September 1. 44 30 inches; excess of rainfall since September l, l.ol inches, sunrise. 4:3H a. M.; sunset. 7:55 P. M. Total sunshine Julv li. 15 hours 16 minutes; possible sunshine, 15 nours it minutes. Moon rise. 7:75 P. M. Wednesday: moonset. 6:36 A. M. Wednes day. Barometer (reduced to sea level) at 5 P. M.. 30.01 inches. Relative humidity at 5 A. M., 85 per cent; at noon, 53 per cent.; at a f. .m.. di per cent. TTTH WBATHEn. TTATION8. DAILY METEOROLOGICAL REPORT. PORTLAND. Julv 19. Maximum tem perature, 79 degrees; minimum, 53 degrees. Baker Boise i Boston I Calgary . . . : ChicaRO ... Denver Des Moines. . Eureka Galveston. . . Helena .... Juneau t ... Kansas City. Los Angeles. Marshfield . Medford New Orleans New York. North Head Phoenix ... Pocatello Portland . Roseburg Sacramento St. Louis.. Salt Lake. San Dieeo. S. Francisco Seattle Sitkat Spokane Tacoma Tatoosh Valdezt Walla Walla Washington Winnipeg Yakima . . . a re Bl V n Wind Wcmtln. 54 114 0 70!l02;0 701 SO 0. 4S fa o. 7J! sh 0 621 S4 0 70; 86 0 52 SS 0 . . . 84 0 60 l4 0 4s;74 o. Isd tA. M. lodu day. 90 0 84 0. 68 0 8S 0 84 0. 84 0 60 0 80 10 0 58 94 0 S4I 711 0 84 0 94 0 920 940 74 0 62 0 68'0 66 0 66 92 0 . . 66 0 BO' M O 4856 0 66 . 94 0 721 880 BB 82 0 581 90 0 r. 'P. M" 00. .is 001 . . iw 00 14 SW 00 10 SB oo!. .In 0O 20 SB 00! . . ,N 00! . .Ix 40U0S 00:..iSE ool. .iw OOilOIN 00! . . ISW 001 . . INW 0012 NW oo!. .!sw 1036IS 00 24 XW 00 . . W 00 . .is oo . .ixw Clear iClear Cloudy Pt. cloudy Clear Clear Pt. cloudy clear Cloudy Clear IClear Clear Clear Clear Clear Pt. cloudy Ratn Cloudy Cloudy Clear Clear .00!. .iNW Clear OO! . .19 001. . x 0012XW .OOl. . IW 0O . .IW .OOl. . Ixw 00 .. .00!.. ISW OOl. . X .021.. W .041.. I . O0! . . ISW 0014 SW .00I..INE OOl . . ISW w I Oldwit In th. Morthirrat, fc WASHIGTO?r AT THIRD ; " Buying Bonds For Profit Low-priced railroad bonds with brightest outlook in recent years now offer an outstanding opportunity for high yield. 10 or Better as well as substantial profit through appreciation in market value. We have just compiled a list of such bonds, and we shall be pleased to send this list free upon request. Ask for Bulletin PG-62 &RRLE5HClRRK50?I 66 BROADWAY NEWYORK TEL.-eOWUW GREEN AQZ0-ZQ Hay Crop Excellent. - COTTAGTS GROVE. Or.. July 1ft. An unusual production of hay, oyei for th Cottage Grove country, Is re ported by George Ka.bbelbeck, whi has just completed taking 25 tons o vetch from five acres on his Coas fork ranch. Hay In this section ha: been a splendid yield this year, an most of the first crop has been cu' and put away. Clear Clear Pt. cloudy Cloudy Clear Clear IClear Pt. cloudy Cloudy Cloudy Clear Cloudy IClear Pt. cloudy report of preceding FORECASTS. Portland and vicinity Fair: northwest erly wlnda Oregon and Washington Fair, cooler east portion; moderate westerly winds. 6Cr GENERAL OBLIG. BONDS Bandon Bonds due 1926-41 Den. $500, $1000 Income Tax Exempt Legal Investment for Savings Banks LUMBEKMBNS Broadway and Oak 1 16 HI I MMHwMMM.Mi..MMilM..lllli..HI I . - sa -g i IS? Si? ili 1 1 34S 3.".8 B 1 II IS III! IN cillUI lai & a i uv J VAJiiuiuri c: i i 11 111 XI L lCW 1U11V I I is I I ; Established 1839 I I 55 Hi I I STATEMENT OF CONDITION I 1 70 II 3 ' II I 55 11 . JUIsE 30, -II' no Hi Resources Liabilities I ?S III - Loans and Discounts $291,204,674.06 Capital Paid up $25,000,000.00 I I 88 III Tl ; rertifirate of Tn. ' Kurnlim 25.000.000.00 II fi" debiedness- ............. 22.332.017.60 Undivided Profits 9.494,815.97 1 gtiss 9474'272-44 dts;u c 386-37208-60 9 Borrowed 2,500,000.00 " U. S. Government Securities ,enn(wwv. I Stock of Federal Reserve , Borrowed 2,500,000.00 HI Banking House 4,000,000.00 Taxes Accrued 3,879,634.36 HI j Cash, Exchanges, and due- Dividend Payable July 1, 3 III from Federal Reserve Bank 119.915.666.38 192i 750,000.00 1 Due from Banks and Bankers 5,956,932.27 Unearned Discount 2,093,033.56 1 Interest Accrued V. 843,901.41 I Customers' Liability under 1-.: Letters of Credit and Ac oin,, Letters of Credit and Ac-.' ceptances 30,789,103.47 I ceptances r. 29,858.333.80 Other Liabilities 1,700,000.00 I '$487,585,797.96 ' $487,585,797.96 I rsrsovjrr l . JAMES S. ALEXANDER 1 I vrCsr-ff aTSfDarJVTtf HI J. HOWARD AUDREY HERBERT P. HOWELL FARIS R. RUSSELL HI JOSEPH A. BRODERICK LOUIS A. KEIDEL STEVENSON E. WARD jl OOY EMERSON DAVID H. G. PENNY ROGER H. WILLIAMS HI JOHN E. ROVENSKY Hi ICOKO VtCM-ntMSIDMMTm 1 I HARRY P. BARRAND aprHlRALD F MAXWELL EDWARD H. RAWLS I LOUIS P. CHRISTENSON . tNEYER EVERETT E. RISLEY HI JAMES L CLARKE FRANZ MEYER HENRY C. STEVENS - . . f XI I I II ttSH,mm Auormm II fl ()Y2 II 111 ROY H. PASSMORE ALBERT EMERTON 111 II JAMES' S. ALEXANDER FORREST F. DRYDEN VALEJT TIN EF.SJTO ER I JOHN W DAVIS CHARLES E. DUNLAP HARRY B. THAYER I WILLIAM A. DAY - HERBERT P. HOWELL , JAMES TIMPSON E I T TWMAS W,LUAMS j T57 "E serve you well in all banking requirements. Best of service. HOURS-8 AM TO 530PM. SATURDAYS-8AMT0 8RM. Municipal and Provincial We offer for investment of yoir June and July funds a select list of foreign and domestic bonds yielding . 6 to 8 ' Descriptive ctrcularsAipon request, WESTERN BOND & MORTGAGE COMPANY Ground Floor, Board of Trade Building- Main 113. SO 4TH ST, PORTLAND, OR.. TO YIELD KERRIN & RHODES, Inc. (Est.bllnbed 1806) BROKERS MEMBERS CHIC A fiO BOARD OF TBADB. Private Wlrea Direct to All Secur ity and Commodity MarketM. Local and Unllated Seeuritlea. Quotation" and Information Cnecr fuUy Farniihcu. LIBERTY AND VICTORY BONDS BOUGHT AXD SOL-D. Main 2S3 and 24. 2O1-203 Hallway Kxcbange Bids.