THE MORNING OREGONIAN, WEDNESDAY, JULY 27, 1921
WHEAT BUYiraG 1PJ
COUNTRY l& LIGHT
Little Change in Prices
Merchants' Exchange.
at
FARMERS HOLDING CROP
Growers of Tmatilla County to
Meet "With Merchants Exchange
on Discount Rules.
Advance on two graea of wheat for
fferHember delivery of one cent a. bushel
were the only changes from Monday's fig
urea as a rau It of yesterday's session of
the Merchant Exchange.
The advances were recorded in the quo
tations on soft white and white club and
in each Instance the bid price went to
$1.11 a bushet
.A continued lack of tradinr In the coun
try districts was reported yesterday owing
to the fact that growers are unwilling to
accept prices which are now being offered-
Dealers are offering prices under
the distance from Portland. In the ma
jority of instances the farmers are said to
be holding out for a dollar or better and
there has consequently been an Inability on
the part of the purchaser and the grower
to get together.
It was announced yesterday that a com
mittee representing the farmers of Pen
dleton and Umatilla county will meet with
the Merchants' Exchange members Thurs
day afternoon at 3 o'clock for the purpose
of discussing the new grain discount rules.
With a view to providing transportation
from the interior for the wheat crop, C. A. I
Heywood of the San Francisco & Portland '
Steamship company announced that the
steamer Lewiston will begin operations on j
the Lower Snake river on August 10, '
handling grain from Purrington, Central
I'erry, Neces Bar and other points.
The Canadian forecast received yester
Aay by the Merchants Exchange said of
weather conditions in the wheat districts
to the north:
"Manitoba and Saskatchewan showery
Tuesday, "Wednesday fair and cool. Al
berta fair and cool today and Wednesday."
Russell's news service gave the follow
ing on the Liverpool market:
"Flour one shilling higher. Wheat fea
tureless. October advanced Id from yes
terday. Argentine corn easier on lack of
support and more disposition to sell. Con
siderable offering of No. 1 Manitoba wheat.
Market closed wheat Id lower han open
ing, corn half pence lower on Platte for
July. September $4 d lower."
The 1U20-21, wheat yi3W of Australia
lias been estimated at 130,000,000 bushels,
according to reports received from the
American consul at Melbourne. Wheat
there Is still under government control, all
wheat being pooled ancujocal sales con-
trolled by the commonwealth wheat board.
A price of os, wmch is 91. at normal ex
change, per bush-el has been guaranteed
"by the commonwealth government for II
wnaac aenverea to me Australian wneai
pool.
A reported sale of 160,000 tons of wheat
to Germany at a price lower than that
charged for local consumption has been
confirmed by the Australian wheat board.
The price for flour for local consumption
. in Australia has been fixed at 21. There
is no fixed price for either flour or wheat
for export.
. Terminal receipts, in cars, were reported
ty the Merchants' Exchange yesterday as
follows: .
Wneat.Bar.Flour.Oats.Hay
Portland Tues. lal
Year ago...... -4
Season to date 1371
Tear ago 9oS
Tacomu Mon. .
Year ago 6
Season to date . 251
Sear ago 136
Seattle Mon. . 24
Year ago 5
Season to date. 244
Year ago 06
PEMAND IfOR CHEESE IS TJJiXSUAI.
4 14 1 3
..11
II 102 Rl H
14 44 41 46
1 10 17
6
3 7T 7 Bl
3 91 2 52
1 2 ... 16
. . . ....... 5
5 44 77 96
lo7
Advance in Prices Expected by Trade
Within Next Few Days.
As a result of the present strength of
the cheese market and the unusual de
mand which has been developing, an ad
vance in prices Is expected by the trade
within the next few days.
An especial demand has been evident
for several days for Tillamook cheese,
with the inability to supply this demand.
Orders for cheese are coming in not only
from the east but also from southern and
central California.
The Tillamook association has announced
that it is short and that it is unable to
take care of only a small percentage of
the orders. At the present time the Job
bing price here on full cream triplets is
5 cents, with Young Americas and Long-'
horns a cent higher. An advance of 2
or 3 cents over this price is considered
not at all unlikely.
Cheese markets in the east also are
firm, and in Wisconsin there was an ad
vance several days ago. The general
firmness of the cheese market Is declared
here to be partially due to the heavy
buying for export. The buying at New
York began around 164 to 17 cents, ac
cording to advices received here, but at
the close of the week sales were made up
to IS y and 19 cents. There also has
been a strong demand for cheese for local
consumption and for speculative purposes,
and this has added to the scarcity.
The local butter market is holding
steady, with no price changes. There is
a good demand for the higher grade but
ter, which is hard to get.
The egg market also is unchanged.
Current receipts were being purchased yes
terday at around 29 and 30 cents, with
some higher grade stuff at above those
figures.
The review of the butter and egg mar
ket received yesterday from Swift & Com
pany at Chicago follows:
"A larger supply of eggs than is re
quired for current use has resulted In
some being placed In storage, and lower
markets in producing and consuming cen
term. The quality is not generally satis
factory, due to weather conditions, which
emphasizes the necessity for greater care
of eggs on the farm and more frequent
marketing.
Butter production is keeping up re
markably well, considering weather con
ditions, and the market In Chicago is
closing with a little easier tone.
"Receipts of poultry have been liberal.
and markets are generally quoted on
lower basis, resulting in lower prices for
live poultry In the country."
Standard feed , 23.00 23.00 23.00
Corn .
No. 2 E. Y. shipment.. 31.00 30.00 29.00
FLOUR Family patents, $7.80 per bar
rel; whole wheat, $6.20; graham, $6.00;
bakers' hard wheat, $7.25; bakers' Olue
stem patents, $6.75; valley bakers. $6;
straights. $".75.
MILLFEED Prices f. o. b. mill: Mill
run, $28 per ton ; rolled barley. $45 37 ;
roiled oats, $37; scratch feed, $50 per ton.
CORN Whole, $GS; cracked, $41 per
ton.
HAY Buying price f. o.""b. Portland;
Alfalfa. $15 per ton; cheat, new. $14 ton;
clover. $11 per ton; valley timothy, new,
$19&20; eastern Oregon timothy, $26.
Dairy and Country Produce. -
BUTTER Cuoes, extras, 34c per pound;
prime firsts, 33c; prints. parchment
wrapped, box lots, 40c; cartons, 41c. But
terfat, buying prices: A grade, 34c; B
grade, 32c, Portland delivery.
EGGS Case count, 3tic; candle ranch
eggs. 33c; selects, 35i&'36c.
CHEESE Tillamook, triplets, price to
jobbers, f. o. b. Tillamook, 20c; Young
Americas, 21c pound.
POULTRY Hens, 1825c lb; springs.
Leghorns, 22 25c; Rocks and Rede, 25
28c; flucKs, 202-24c; geese, nominal; tur
keys. nominaL
PORK Fancy, 16e per pound.
VEAL Fancy, 14Vc per pound.
Fruits and Vegetables.
FRUITS Valencia oranges. $3.005.75
per box; lemons, $11. 50& Jli.50; grapefruit.
3.5U&4.5U box, bananas, lUUu pouna;
apples, old crop. $2 & 2.25 per box; new,
$22.25; cherries, 6& 14c pound; can
talouDes. S1.753.75 crate; peaches, $1
SI. 50 box: watermelons. 2 3"Ac nound;
Honeydew' melons, $2 25; apricots. $1.10
62 box; plums, ll.50fe2.25 box; raspber
ries, $1.50(&1.75 crate; loganberries, $1.50
1.75 per crate; blackcaps, $2&2.25 per
crate; pears, $i. ft4 box.
VEGETABLES Cabbage. 44c pound
lettuce. $2.5l3 per crate; carrots. $2.50
Der sack: srarllc. lufttiiuc per pouna; Deeis,
12.252.50 per sack; green peppers, 30c
Der iiound: rhubarb. 56c per pound; tur
nips, $2.50 per sack ; tomatoes, $2.25 per
box ; cucumbers, 6590c per dozen ; peas,
1015o per pound; beans, 10loc per
pound; green corn, $44.50 per crate.
POTATOES New Oregon, 24 2c a
pound; new California, 23c -pound.
OXIOXS California red, $1.75 sack;
yellow, $2 sack; Walla Walla, $2.
Staple Groceries.
Local jobbing quotations:
SUGAR (sack basis) Cane, granulated,
6.95c Dound: beet. 6.75c pound.
NUTS Walnuts, 2325c pound; Brazil
nuts, IS 20c ; filberts. ISc; almonds,
30c: peanuts, 8llc pound.
RICE Blue Rose, 6c per pouna; Japan
style, 4c per pound.
BEANS Small white. 54 c; pink. 8c
lima. 7 c ; red, 10c per pound.
COFFEE Roasted, bulk, in drums. 14(S
36V.C Der oound.
SALT Granulated, barrel, $3.40 4.25;
half ground, ton 50s, $17.25; 100s, $16.2a
lumo rock. $26.50.
DRIED FRUITS Dates, $4.25(6.85 per
box; figs, $3.2i0-25 per box; prunes, 7&
10c per pound.
Provisions.
HAMS All sizes, 3739c; skinned. 34
41c: oicnlc- 20(2lc: cottage roll. 2oc.
BACON Fancy, 47 52a; choice, 32 &
37c; standard, 252c.
LARD Pure, tierces, 16c pound; com
pound, tierces. 12 c.
PRY SALT Backs, 2225c; .plates, lc.
Hides, Hops, Etc,
TALLOW No. 1, 4c; No. 2. 23c
per pound.
CASCARA BARK Five cents pound
delivered Portland.
HOPS 1120 crop, 11 13c per pound.
HIDES Nominal. '
WOOL New clip, 1221c per pound.
MOHAIR New clip, 16c per pound.
delivered Portland.
GRAIN BAGS Nine cents at country
points.
Oils.
LINSEED OIL Raw, in barrels. $1.02
3-gallon cans, $1.17. Boiled, in barrels,
$1.04; 5-gallon cans, $1.11.
TL'BPEXTIXE In drums, 92c; 5-gallon
cans, 91.01.
WHITE LEAD 100-lb. kegs, 13c per lb.
COAL OIL Tank wagons and iron
barrels, 17c; cases. 30& 37c.
GASOLINE Tank wagon and. iron
barrels, 28c; cases, 40c.
SAN FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits,
Etc., at Bay City.
SAX FRANCISCO, July 23. Vegetables
Potatoes, bid. nominal: new. Garnets,
$1.251. 50; white, $1.501.75; onions, new
red, ibHoc; green, $l.o01.70; tomatoes,
San Pedro, small lug, $22o; crates, $3
Merced, large, 28-pound box. $2.25S2.50:
small, $1.25(0)1.75; peppers, bell, 1020c;
cane, au e -uc ; peas, o sc ; beans, Ken
tucky Wonder, 8pl0c; garden, 10llc;
Italian, 1213c; lima, 10 12c; wax, 48c;
carrots, $1.25 q 1.50 sack; eggplant, south
ern, 79c in crates and boxes; corn, Ala
meda, $34; rhubarb, $lg.l.25 box; celery,
crate, white, $5; yellow, $6.50; artichokes,
$9&14 lug; lettuce, $.25 crate.
Poultry Young chickens, 2545c; staggy
roosters, 20 25c; old, 15(18c; hens, 17
45c; ducks, 20c; geese, 25c; turkeys, live,
35c; dressed, 4550c; Belgian hares, live.
13&14c; dressed, 1820c; squabs, fancy,
35c; pigeons, $2 dozen.
Fruit Oranges, Valencia, $3.504.75; lem
ons, $t10; lemonettes, $5.50(7.50; grape
fruit, $3 4.25; apples, 75c2.75; strawber
ries, 50(&'60c drawer; $11.50 crate; black
berries, 30&35c drawer, 80 00c crate ; logan
berries, nominal. $11.25 crate; rasp
berries, 75 & UOc drawer, $1.75 crate;
bananas, 89r pound; avocadoes, $38
dozen; cherries, $1.501.75; apricots, 50c
$1 lug; l3c pound; peaches, $1.252;
cantaloupes, Turlock standards, $1.50
2.2-5; ponies, $1.251.75; flats, 7585c;
figs, 50c; single layer, $1.75 double; plums,
STOCK TRADING ACTIVE!
DEALINGS
EXPOSE OF VAIUES
Many Leaders Show Extreme De
clines of 1 to 2 Points Dur
ing Daj-'s Session.
Scars Roebuck
Shat, Ariz ..
Shell T & T. .
Sinclair ......
Stand Oil Cal.
Sloss Sheffield.
' Sou Paeific...
LAKGELT AT THE ' sou Ry
I do ofd
St L & S F..
Stromb Carb..
Studebaker . .
Swift & Co...
Tenn C & C. .
Tex Oil
Tex Pacific...
Tex P C & O.
Tob Prod ....
Tran Ctl Oil. .
Union Oil Del.
Union Pao ...
Unit Alloy .. .
Unit Drug . .
Unit P Prod.,
Unit Fruit ...
Unit Rda N J:
Unit Rda pfd.
Unit Retail St
U S Ind Ako.
U S Rubber..
do 1st pfd . .
U S Smelting.
U. S Steel
do pfd
"Utah Copper..
Va Chem
Vanad Steel..
Vivandou ....
Wabash
do A pfd. . ,
do B pfd. . .
Well. Farso. .
West Pacific ,
' do pfd
West Union .
Westingh A B
Wesfh E & M
West Md
Willys Overld.
do pfd
Wilson Pack..
Wia Central..
Woolworth . . .
Worth Pump. .
W & L. E...,
2.200 7H 67
NEW YORK. Jluy 26. Trading In tDCk
today was a Uifle broader and more active
but the increased dealings were largely at
the expense of values, many leadera show
ing extreme declines of 1 to 2 points.
President HardinE's messafe urging Pay-.
ment of obligations to the railroads, farm
credits and facilitation of exports failed
to stimulate bulltsn initiative.
Rails were listless and little altered, but
steels, equipments, oil, motors and the
many specialties more or less dependent
upon those issues were under intermittent
pressure.
Leathers were adversely artecieo or me
poor quarterly statement of the Central
Leather company, and advices trom tne
middle west nd New England indicated
further slackening o industrial production.
Sales 38O.000 shares.
Publication of the United States steel
corporation's statement for the second
quarter, issued after the close ef the sea
son, showed total earnings of $21,892,016,
the smallest returns of any quarter since
March. 1013.
The nnlv develoDment in the money mar
ket where call .and time loens held at
recent quotations, was a slight easing of
rates for bank acceptances and additional
buying of commercial paper. Another Ta
ction in foreian exchange, wixn espeuiai
heaviness In Scandinavian remittances was
a sain ascribed to sales In London and
Paris of sterling bills against purchases-of
dollar exchange.
Business in the bona maraei ieu
slightly, but the recent strong tone among
rails and new corporate olierings was unj
maintained. Liberty issues were Irregular,
but most Internationals ignored the weak
ness of exchange, showing variable ad
vances. Total sales, par value, 10,.o,oou.
CLOSING STOCK QUOTATIONS.
(Furnished by the Overbeck & Cooke
company. Portland. i
Stock Sales. Xllfill. uvrw
Adams Ex 1,100
Advance Rum. .....
100
.5,500
200
10,800
inn
100
- 100
200
29,700
2.700
800
2.500
2.50O
D00
700
1,800
5.700
8,100
600
1.5O0
2,500
"206
12.6O0
70O
V.OOO
20O
37
20
74
7a')i
20 Is
"25
81 H
7S
97
23 V,
19
7
1
120
83
10
37
20 hi
73
'77
20 Vi
'24
31
7
97
"si" "
23
19
5S
7
6H
'
20!4
74
34
78
20
45 V,
24 V,
31
7
87
H
84
22
1
59
7
10 19
120 V, '120
105"" 104
73 V4
IBIS
20V4 '
5BVi
52
5414
"31
73
109
"2814
2y v.
' liM4
55
50 4
52
'31
73
109
26
28
22
' 22
- 24
,'si
!is
1,300
"406
"'ioo
7V4
24
. 74
17
, 104
8
,J
55
50
53
94
30
73
109
49
2
28
22
14
55
24
3
87
43
lJ
29
.85
'27
112
42
9
EXPORT SALES ARE BIG
WHEAT MAJUiET IS STRENGTH
ENED AT CHICAOO
Belgium, Holland and Germany in
Market as Buyers and Cash
Demand Noted-
aid
BONDS.
TJ S 2s reg 100H.X Y C deb 6s... 92
do 2s cou. lOl'-.No Pac 4s...... 77 v
do 4s reg 104 Vjj do 3s 55
do cv 4& coU.lu4V Paa TAT 5a. .Soii.
Panama Us reg. 75 t ;Penna , on 4s..tosk
do 3s cou.... 75V.ISrt Puc cv 5k. . S9
Am T & T cv fis lftt,SQ Ry 5s 4
ahjh gen i7,u rac 4S aYt
X & R con 4s..64JV S Steel 5s.... 94
' CHICAGO. July 26. ExTWt iales i
to aggrega.te 1.000,000 bushels had a
strengthening effect on the wheat market
today. Prices closed steady at the same
as yesterday's finish to lc higher, with
September at $1.23 to $1.24 and Decem
ber $1.2tt to $1.26. Corn lost to ,
c ano oats H'ct Uc to c. Provisions
clrwwd from 5m decline to 17c advance.
Exporters were after wheat at interior
points and at the seaboard as well as
here. The southwest In particular noted
a brisk cash demand and it was said Bel
rliim Holland and Germany ww in the
market as buyers. The tact that receipts
at all leading centers were less than yes
terday counted too In some degree as a
bullish factor. Shortly alter tne opening
however, the trade was confronted by re
ports from officials of the Canadian agri
cultural department that the Canadian
.vnt tn hck a "humtier" one.
I Tfai rnnri led to a. considerable selling.
H7 I""" . a... L
and temporarily depressed prices, uui me
nuirbat fifhtenpd no a earn after mid
day, and opinion became prevalent that
nvnnrt business was being under-estimated.
and that despite recent big receipts, no
great surplus accumulation would remain
to be disposed oi. -
Prospects ox answers "sou
market. Oats were depressed oy country
selling. Higher quotations on nogs maue
the provision maritei snow teuueuv v
advance. '
eastern Washington mixed
4o double compressed, $u;
alfalfa $26;
timothy $27
straw $19.
Coffee Futures Higher.
NEW YORK, July 2.--The market fer
coffee futures was higher today on ac
count 01 a iirmer tendency to Rio ex
change on London and hedge buying
against sales of spot coffee. In the late
aiternoon cotton houses were buyers of
September and December and there was
also support from importers. To an early
advance of 3-6d In Rio exchange was added
another pence according to a special
cable which caused a rise of 3 to 5 points
in" opening prices here. - September later
advanced to 6.40 and December 6.84 or
10 points above the previous New York
while- the entire market closed rather
firm at a net advance of seven to 13
points, . July 6.17; September 6.S9; De
cember 6.S3; March 7.19: May 7.3.
Spot coffee firmer; Rio 7 s, 6V3t96e;
Saatos 4 8 g9 c
'aval Stores.
SAVANNA, July 6. Turpentine firm,
50 , 51 sales 603; receipts, 90S;
shipments, 26; stock, 11,301.
Rosin firm ; sales, 163-; receipts, 252 1 ;
shipments. 151 ; stock. 91,197. Quote: B,
D. E, F, G. 8.70; H. 3.80; I, 3.90; K. 4.11;
M. 4-il5; N, 4.62; WO 5.35; WW, 6.15.
l A High-Grade Local Investment . a
We own and' offer: M
Bid.
1.50 crate; honeydew melons, Sl2
crate; casaba, 4c pound; watermelons, 2
c: grapes, S22.o; pears, .14?2.50;
prunes. $1.50 crate.
Wheat hay. $13018; tame oat. $12'S,15:
wild oat. t!012: barley, S1012; alfalfa.
S914; stocR, JUIU.
Receipts; lour, l4fto quarters; oariey.
6,762 sacks; oats. 800 centals; beans.
8552 sacks; potatoes. 10 sacks; hay, 177
tons; onions, 329 sacks; lemons and
oranges, 400 boxes; livestock, 215 head.
Bonk Clearings.
Bank clearings of the northwestern cities
yesterday were as zoiiows:
Clearings. Balances.
Portland 4. 163.34S S5.418.837
Seattle 4.298,182 705,019
Tacoma 615.162 610.020
Spokane 1.169.423 388.720
Foulti? Market Recovers.
The poultry market has recovered to a
certain extent from the weakness devel
oped over the week-end and trade again
1 steady. Dealers were offering 18 cents
ror lightweight stock and around 24 and
as cants for broilers and heavy hens yes
terday. The market again is taking care
receipts in a satisfactory manner.
of
There was still a weak tone In the mar
ket for country dressed calves, and re
ceipta were selling slowly
a -
POKTLAM) M A K K K T QUOTATIONS
Grain, Flour, Feed. Etc
Merchants' Exchange, noon session:
Wheat July.
Hard white $1.13
Poft white ............ 1.11
'hlte club I ll
Hard winter. ............ 1. 00
Northern spring 1.U9
Red Walla 1.08
Oats
No. 2 white feed 26.50
Barley
Brewing .............. 24.00
-Bid
Aug. Sept.
tl.ll Sl.ll
1.11 1.11
1.11 111
109 i.oa
l.os log
1.05 1.04
25.00 24.00
24.00 24.00
QOUTATIOXS ON DAIRY PBODCCK
Market Prices Ruling on Butter. ' Cheese
and Eggs.
SAN FRANCISCO, July 26. Butter
Unchanged.
Eggs Fresh extras, 43HC4 extra, firsts.
304c; extra pullets. 35c: extra, first
pullets, 34c; undersized, No. 1. 24c.
Cheese koung America, fancy, 2sc. -Exchange
closed tomorrow, death of
member.
Peppers Bell. 1012lic: corn, 12.50B4;
celery cra.te white, $5.50.
Poultry unchanged. -
SEATTLE, July 26. Wholesale prices
to dealers:
Eggs Select local ranch, white shells.
3S&4oc; do. mixed colors, 3639c; put-
lets, 34dc
Butter City creamery, cubes, 38c;
bricks or printea, 3ic; country creamery
extras, cost to jobbers. In cubes, 36c.
CHICAGO, July 26. Butter Higher.
Creamery extras, 41c; standards, 3894c;
firsts. 34V43i4c; seconds, 3033i,c.
Eggs- unchanged. Receipts, 14,437
cases.
NEW YORK, July 26. Butter- Easy.
Creamery higher than extras, 42H43c;
creamery extras, 41 42c; creamery
firsts. 3.841c.
Ekks Firm. Fresh-gathered extra firsts.
37fe39c; fresh-gathered firsts. 333J-36C
Cheese firmer, uncnangea.
do pfd
Agr Chem . . .
Ajax Rubber..
Alaska Gold..
Alaska Juneau
Allied Chem .
A His Chalmers
Am Beet Sue.
Am Bsch . . .
Am Can Co . . .
Am Car & F.
do pfd
Am Cot Oil
do pfd
Am Drug Syn.
Am Hide & L..
do pfd
Am Ice
Am Intl Corp.
Am Linseed ..
Am Loco ....
do pfd.-
Am Saf Razor
Am Ship A C.
Am Smelter...
do pfd
Am Steel Fdy.
Am Supar . . .
do pfd
Am Sumatra..
Am Tel & Tel.
Am Tobacco..
do B
Am Wool . . . J
do pfd
Am w P pfd.
Am Zinc ......
Anaconda ....
Assd Oil
Atchison
do pfd
Atl, O & W I.
Baldwin Loco.
do pfd
Bait & Ohio..
do pfd
Beth Steel B.
Booth Fish . .
B R T
Butte C ft Z. .
Butte & Sup.
Caddo Oil ...
Cal Packing..
Ca! Petro ....
do pfd
Can Pacific ..
Cen Leather..
Cer de Pasco.
Chand Motor..
Chi ft N W . . .
Chi Gt W
do pfd
Chill Cop ...
Chino
C M ft St P.
do pfd
Coco Cola ...
C ft O
Colo F ft I. ..
Colo Southern.
Colo G ft E..
Colum Graph.
Con Gas
Cons Cigars . .
Contl Can . . .
Contl Candy..
Corn Prod ...
do pfd
Cosden Oil...
C R I & P
do A pfd. . .
do B pfd...
Crucible .....
do pfd
Cuba Cane . . .
do pfd
Cu Am Sugar.
Del ft Hudson
Dome Mines..
D & R G
do pfd
Endi Johnson.
Erie
do 1st pfd..
do 2d pfd..
Fam Players.
Fed MAS..
do pfd
Fisk Tire
Gaston Wms. .
Gen Cigars....
Gen Elec ....
Gen Motors
do 6s
Gen Asphalt..
Goodrich
Goodyear ....
Granby ......
Gt Nor Ore . . .
Gt Nor pfd...
Greene Can..
Gulf S Steel..
Hask Barker..
Houston Oil..
Hupp Motor..
Ill central . . .
nspiration
Int Agr Corp.
nterboro ....
do pfd
Interstate CaL
nt Harv ....
Int Merc Mar.
do pfd
Int Nickel ...
Int Paper ....
do pfd
Invlnc Oil ...
Island Oil ...
Jewel Tea ...
K C Southern.
do pfd
300
1.200
200
100
500
200
200
' 100
1,000
1,106
36
24
i
1
38
32
31 V4
33
28
126
38
23 M
1
38
31i
I0V4
33
27
125
300 im 11
700 52 51
"'6o6 'shi 'sivi
lOO 25 Vi 25 4
1,000 85 84
"soo " ""
200 7 7i
200 37 37 !4
100 72 72
200
1,500 69 6894
V.200 'hi" '4oi
5,800 10.- 104
2.700 124 122
200 123 122
3,700 72T4 71
500
lOO
2.100
100
4.000
S.600
3.400
200
5,800
"306
600
200
"20O
2.900
V.900
1.300
1.500
2.400
7DO
lOO
200
1,400
200
400
800
3.700
'1,506
200
1.300
700
600
38
97
85
78
22
80
"39
11
4
12
."57
36
il3
36
27
50
65
7
17
10
23
27
42
32
26
37
67
4
88
J no
500
11,400
600
100
100
8,200
. 3.100
1,500
900
"266
400
600
3.800
800
50O
200
2.200
67
"29
33
75
64
56
"io
27
17
'l7
1
2
62 Vi
13
20
'49
37
87
84 V
78
21
78
'SB
"47
.....
4
12
"7
34
ii2
34
26
48
65
7
17
10
23
27
41
31
'is"
37
56
4
87
66
2S
32
75
63
54
"io"
25
16
"l7
1
60
13
20
"49"
1,400 13, 12
Metal Market.
NEW TORK, July 26. Copper, steady
electrolytic. spot and nearby, 12
12 c; later. 1212c.
Tin. easier; spot and nearby. 26c; fu
tures. 26c.
Iron, nominally unchanged.
Lead steady; spot. 4.40c.
Zinc. 4.20c; East St. Louis, spot, 4.20
04.25c.
Antimony, spot, 4.65c.
w York Sugar Market.
NEW TORK. July 26. Raw sugar, 4.61
for centrifugal. Refined. 5.8Jc to 5.90c
for fine granulated.
Luther Band at Silverton.
SIX.VERTON. Or.. July 26. (Spe
cial.) Playing before a packed house
here last night, the Luther college
concert band of Deborah, la.,- scored
a distinct hit. The band consists of
54 members and was brought here
under the auspices of the Trinity
Lutheran church.
loo
1.200
5,300
9,700
800
""206
100
1,000
'206
400
1,200
, 600
9O0
" 'ioo
200
57
125
10
"i
83
27
69
S2
B8
55
11
?3
"7
4
57
120
10
56"
31
27
9
"2
57
54
11
93
""7
3
13
39
36
23
1
88
31
so
32
28
125
109
18
88
4
11
51
55
34
25
84
102
' 4
7
37
72
26
68
88
40
105
122
122
71
93
25
8
37
97
85
78
21
78 .
95
39
52
47
3
10
12H
10
57
35
1 o
112
35
25
48
4
7
17
10
23
27
41
32
55
25
37
57
4
86
29
66
99
28 !
32 !
75
.84"
54
80
10
26
18
98
17
1
61
13
19
13
48
- 3
22
12
1
57
122
10
65
50
31
15
17
27
60
19
31
67
Th Chicago grain letter received yes
terday by the Overbeok ft Cooke company
ot Portland follows:
CHICAGO. July 26. Wheat Futures
started strong especially the deferred de
liveries. Export demand was me
clpal influence. After the first hour, sell
ing overtook tne demand ana pr veo
clined to . levels around j. eui- wew. .
Bid. '
Liberty Bond Quotations.
Range of liberty bond quotations fur- previous close, but the finish was firm.
Reports from Canada tnis morning wei.
nished by the Overbeck ft Cooke company
o fortiana
Liberty 3..
do 1st 4s. . ..
do 2d -4s. . ..
do 1st 4s. .
do 2d 4 Vis...
do 3d 4s. . .
do 4tb 4 Vis.
Victory 4s...
do 3s
High.
. 87.20
87.74
S7.56
01.54
87. OS
98.48
Closing I
Low. Bid
87.02 87.00
87.00
87.30
87.66
87.44
91.48
87.50
98.46
98.46 I
87.62
87.44
91.40
87.50
98.42
Mining Stocks at Boston.
BOSTON, July 20. Closing quotations:
Allouez 4 20
Aris Com 8
Cal ft Ariz 46
Cal ft Hecla 221
Centennial .... 7
Cop Range C C 32
E Butte Cop..-. 8
Franklin 14
Isle Roy (cop). 19
Lake Copper..
Mohawk
North Butte
Old Dominion.
Osceola
Qulncy ........
Superior
Sup ft Boston.
Shannon ......
Utah Cons
Winona
2. Wolverine ....
9
23
o
37
3
1
So
3
4.1
10
OF SALES IS SMALL
CATTLE KEMA1X STEADY FOL
1OWtYG MONDAY'S lROP.
Swift Ms Co, Stocks.
Closing' prices for Swift & Co. stocks at
Chicago were reported by Overbeck &
Cooke company at Portland as follows
Swift & Co 7
Labby, McNeil & Libby . .- , 8
National leather 7
Swift International 24
Money, Silver, Etc.
NEW TORK, July 26. Prime mercan
tile paper. 6(&ttlA; exchange easy. Sterling,
60-day bills and commercial 60-day bills on
banks, $3.52 ; commercial 60-day bills,
$3.52; demand, $3.rti; cables, ?3.o7,
Francs, demand. 7.72; cables. 7.2S. Bel
gian, francs, demand, 7.54; cabies, 7.55.
Guilders, demand. 30.ao: cabies. 31-01. i-ire.
demand, 4:30; cables, 4.31. Marks, de
mand. 1.27; cables, 1.28. Greece, demand.
5. 47. Sweden, demand, 2.05. Norway, de
mand, 12.80. Argentine, demand, 20.50
more optimistic and some claim that two
more w2Ks OI lavoraDie weaiucr J-"-the
crop outlook out of danger
Part of the Canadian wheat belt had
good rains last night, where most needed.
Primary receipts continue to show large,
totaling 2,974,000 against 1,312,000 last
yeac -
Some conservative people seem to tnina
the peak of the movement will be over
in two weeks. Export sales of wheat re
ported so far amounted to 350,000 and
more said to be working.
Cash prices here and at eutside mar
kets were reported as higher. Trade on
the whole was very quiet, but we believe
prices would be stimulated with a mod
erate amount of investment buying.
Corn futures were limited, to 1 cent
ran ire during the first half of the session
out at no time a Dove yesterday's close.
xport sales were reported at 500, 0O0
bushels from here.' The weather over the
belt was generally clear and warm with
little or no moisture reported. Forecast,
however. Is for somewhat cooler weather
and probably thunder showers ever a great
er part of the beit in the next 36 hours.
While corn iff - not suffering for rain to
any great extent, rains over the northern
portion of the belt would be of great
benef i t. Cash prices for corn here and
other markets averaged somewhat lower.
Deliveries were 143.000 bushels and esti
mated cars 250. Majority of traders are
looking for lower prices.
Oats -Started higher at opening bu
gradually eased off with corn. Cash houses
"vera the leading- sellers, evidently for
country account, commission houses bought
on limited orders. Cash oats prices were
unchanged. Overnight sales were 132,000
bushels. Deliveries 35.000 bushela and es
timated receipts 350 cars; Reports coming
from parts of Iowa and Illinois speak of
disappointing yields and light weight.
Trade quiet and without feature.
Ry Local receipts continue liheral th
estimate oemg bo cars and prices for Sep
Hogs Continue Unchanged and
Market Steady, With but Few
Offerings to Trade.
There was only a small run of sales at
the stockyards yesterday following the
heavy business of the day preceding.
Following the drop in cattle quotations
Monday, cattle remained steady at the
previous day's figure. Most of the stock
sold yesterday were held over from the
previous day's receipts.
Hogs remained unchanged yesterday and
the market was steady. There were but
few offerings.
Receipts yesterday were 134 cattle and
215 sheep. Sales yesterday follow:
Wirt. Price. I Wgt. Price.
26 steers. 1042 $ 6.00 Scows.. I' 40 J 2.50
llilii 4.0OI l cow. . .
1QM 5.501 2 oowa. .
IMS 4.15 1 cow. . .
750 4.001 1 cow. . .
7fS0 4.5014 cows. .
8!5 4.501 U cows. .
970 4.601 2 cows. .
540 2.00, 1 cow. . .
120 11.00122 cows. .
604 3.001 4 cowa. .
Brazilian, demand. 11.00. Montreal, 11 1-16 I tember eased in sympathy with the early
P!,,06111, diSCO"nt- . . 1 weakness in wheat. July sold above the
previous close most of the day, showing
Time loans steady: 60 days. 90 days and
six montns, 6 per cent.
Call money easy. High and offered at
5H; low, ruling rate, closing bid and
last loan, o.
Bar silver, domestic, 99,; foreign '614.
LONDON, July 26. Bar silver, 88 d
per ounce. Money, 34 per cent. Discount
rates, snort bills, 4 per cent.
Foreign Bonds.
Foreign bond quotations furnished hy
ine uverDecK ana uookc company, ot Port-
the congestion in that siiii7Arv v. nn
been relieved entirely. Cash prices were
to l1 cents lower and the basis half
? 1 cent easier.
Leading futures were as ' follows
steers
IT steers.
9 steers.
1 steer. ,
3 cows. .
8 cows. .
11 cows. .
1 cow . . .
1 calf. .
' 5 mixed.
1 hog. . .
7 hogs. .
1 hog. ..
1 hog. . .
6 hogs. .
14 hogs, .
1 hog . . .
1 hog. . .
4 hogs . .
10 steers.
1 steer. .
24 steers.
4 steers.
2 steers.
14 steers.
1 steer. .
4 steers.
SO steers.
4 cows . .
470 10.501 1 cow.
410
300
360
H0
231
560
. 673
970
1224
SH0
DtiO
1609
270
1034
024
556
1005
940
1110
10!4
10M7
1015
1000
1105
1010
1450
785
965
832
1234
65!)
4.15
3.00
300
4.13
3.35
3.00
2.50
4.23
3.00
4.50
8.50
4.50
300
3.65
3.23
O.itO; 2 cows, ,
9.25123 oows. .
8.751 9 cows. .
12.5012 cows. .
12.501 1 calf. , .
8.00. 2 calves.
130 12.001 2 bulls..
177 12.50 5 hogs. .
4. (5f 1 hoe, . .
4.751 1 hog. . .
0.0OI1S hogs. .
5.25112 lambs.
5.00110 laniba.
5.15135 lambs.
5.13 20 lambs.
5.15135 lambs.
4.75121 lambs.
4.251 9 lambs,
Official quotations at the Portland Union
stockyards today are as follows: ,
Cattle
Choioe steers 9 6.00
150 11.00
145 0.O0
960 3.00
1H0. 12.50
210 12.25
400 873
249 11.50
54 3.50
72 5.00
5 4.00
80 6.00
50 4.00
86 3.00
83 4.00
6.5
tt.OO
&.50
4.
CO.
$50,000
PORTLAND GAS & COKE
7 GOLD BONDS
Dated January 1, 1921 v Due January 1, 1940
Coupon bonds in denominations of $1000 each
Price 95 and Interest
Yielding iy2 Per Cent .
These bonds secured by a first
lien and general mortgage on all the
, properties of the company, offer an
unusually secure investment oppor
tunity. The Portland Gas & Coke Com
pany has a history of over sixty
years successful operation.
We recommend these bonds for .
investment.
- Complete details on request.
i
"iraarv iBM'TfTOnsl71t ft 1'" , f ""1
I I T Jf v ' 'a .2. W i
t , ... . .. .mbi MciBsrsftigagisaE Aiiifitttii iSp'innfi'is-"-' '
Fjl orfhwesf RffiEpM
m WASHINGTON AT THIRD j
Sept. . .
Ueo. . .
Sept..
dm..
Sept. .
uec
Ooen. Hlirh
Low. Close.
H? 1 1.23
1.2 1-27 1.25 1.21H4
.61
eift
.2
CORN.
.B2
OATS.
.404
-.43
.60
'.SO
.42
Russian 5'4. 1931..
Russian 6-a, 1919..
Russian SVjS. 1919.-
French 5s. 1931
French 4s, 1917
French 5s. 1920
Italian 5s, 1918
British 5s, 1W22
British 5b, 1327.....
British 5s, 192
British vky 4s......
British ref 4s
Belgium rest 5s.....
Belgium prem 5s....
German W L 5s. ... . .
Berlin 4s
Hamburg 4s......
Leipsig; 4g ,
Leipsig- Ds.
Munich 4s
Munich us. .........
Frankfort 4s ,
Jap 4s
1.900 75
"966 -'"46
500 '544
71
BOO
S.fiOO
i.soo
200
Kelly Spirfd... 10,000
Kennecott
Keystone Tlrs,
Lack Steel . . .
Lee Tire
Lehlfth Vl ..
Lonllard ....
Loew Thea . ,
I. & N
Mackay .....
Mex Fetro . . ,
Miami
Mid St Oil ...
Midvale SteeU.
M K & T
do pfd
Mont Power .
Mont Ward...
Mo Pac
do pfd
M StP & SSM.
M & St L
Nat Biscuit...
Nat Enamel..
Nat Lead ....
Nev Con ....
New Haven. . .
Norfolk w.
Nor Pacific . .
Nova S Steel..
T Atr Brk.
X Y Central..
Ok Prod ref..
Ont Silver ...
Ont A West.
Otis Steel ...
Pacific Dev...
Pac G K. .
Pacific Oil ..
Pan Am Pet. .
do B
Pennsylvania. .
Peo Gas
Pere Marq....
Philada Co...
Puro Oil .
Pierce Arrow.
Pierce Oil ...
Pitts Coal . . .
Pitts & W Va
Pr Steel Car..
Pullman .....
Ray Con .....
Readinir .....
Remington
Replogle Stel
Repub t i B.
do pfd
Rep Motors . .
Roy Dutch Oil
Ry Steel Spb.
Saxon Motors.
200
1.10O
200
9O0
" 200
"200
400
10.700
700
3,300
900
100
S00
600
500
10
3
2014
50
43
1914
13
3Si,
29
52 M
ii4
113
io"
21
1114
23 V,
451
21?,
4154
1014
'25
49
41H
194
12
3S
28
51
113
103
21
10
2314
.45
18
21
40
12 12
500. 117 118
"eoo 'is "is
300 ! SS
3.000 75 74
"766 "71 "ii"
800 2 1
""ioo "is" "is""
500 10 J . 10
V.300 "54" "53 H
3,400 35 3S
700 49 48
200 43 42
S. 400 3H 35
1,300 52 52
200 20 20
30 30
900 25 25
7.300 18 17
BOO 7 7
300 65 55
'''ioo "74 "72
1,700 97 9
209 12 12
2.800 69 69
"6o '46 "45
2.160 "53" "si
11
3
83
1
3
1
4
71
11
45
14
53
90
10
. 2
9
2
ou
41
19
12
3
28
51
143
11
112
60
103
21
10
23
2
3
45
21
41
66
12
116
46
75
10
18
Bid.
.. . 11
::: it
...61
. . . 47
. . . 6S
... 3
.. .302
3ol
.. ,34.-.
. . .208
. . .24H
... m
... W
... 9
... 11
12
... 13
... 12.
... 12
... 13
... 12
12
Jap 1st 4V.3 69
Jap 2d 4s.
fans ts
P K 5 a, "1921
U K 5s, 1922
U K 6 3, 1929
U K 5s. 1937
Ask.
14
4
15
02
4S
61
40
362
3.1
279
2.-.7
69
72
105
11
32
14
13
13
12
13
69
MESS PORK.
v61
.60
.39
.42
July.
Sept.
18.50
18.80
Sept.
Oct. .
Sept.
uct. .
LARD.
12.00 12.02 11.92 12.00
12107 li.ia . 12.oa . 12.12
SHORT RIBS.
10.7O 10.7O 10.87 10.70
10.ua 10.62 ion.', in.:.i
Cash prices were :
Wheat No. 2 red. tl.22 S1.3SU : Va'
hard. $1.236' 1.24. .
Lorn jno. mixed. 62 ifixtau.. Ma 9
yais xo. z wnite, SS38c: No. 3
tye wo. 2, 1.241.25. v
Barley 5968u.
Timothy seed 45.50.
Clover seed 10&n.
Pork Nominal.
Lard 11.02p 11.87.
Ribs 10.25itf 11.25.
Medium to good steers 5.50
Fair ttf medium steers 4.75
Common to fu.ic steers 3-50&
Choice feeders ' 4.20
Fair to good feeders 3.2."(&i 4.25
Choice cows and heifers 4.75 5
Medium to (rood cows, heifers. 4.00(& 4
Fair to medium caws, heifers. . 3.00$ 4.00
Common cows 2.25 S.OO
Canners 1.50!) 2.25
Choice dairy calves 10.50 11.00
Prime light calves 10.00 10. SO
Medium to light calves 7.0' 10.00
Heavy calves 5.50 U 7.00
Hofs
Prime light .-. 12.0012.75
Smooth heavy. 250 & 300 lbs.. 10.00 11.00
Rough heavy , 6.0 CEP 10.00
Fat Digs 12.0041. 12.50
Feeder pigB 11.00 (ji 12.00
stags tsubject to brokerage;.. 0.00(01 o.uu
bhealw-
Kat-oC-mountain lambs 6.00fS 6.50
Beat valley lambs , 5.00 3 B.00
Fair to good 5.00 5.50
Cull lambs 4.00CSB 5.00
Feeder lamba , 2.00W 4.U0
Light yearlings .. .. ......... . d.,vot 4.23
Heavy yearlings 3.00 3.50
Light wethers 3.00W 3.50
Heavy wethers 2.00 3.00
Ewes 100 3.00
Chicago Livestock Market.
CHICAGO. July 26. (United States bu
reau of markets.) Cattle Receipts, 9000;
better grade beef steers strong to 25c
higher; others steady; top yearlings 910;
top matured steers, $9.75; bu'k all weights,
$7.509.25; fat she stock strong; bulk,
$4.50(o 6.75; canners and cutters largely
$2.75(0j3.75; bulls, weak to 15c lower; bulk,
S5(g.Ur veal calves, strong to 25a higher;
bulk, siocalu.a; stockers ana leeaers
dull.
Hogs Receipts, 19,000; mostly 25c higher
than yesterday's average; spots up more;
better grades active, others slow; top.
$11.30; bulk better grades. X10.2aif 11.2o;
bulk packing sows, $0.25 9.50; pigs. 10c
to 15c higher.
Sheep Receipts, 13,000; early sales sheep
and native lambs about steady. Feeder
lambs higher; native lamb top to city
butchers $10; packer top, early $9.50; no
Vestern lambs sold early; bidding lower;
84
99 15-16 100
. . . 09 100
... 98
88
118
88
ts
Duluth Linseed Market.
DCLTJTH, July 26. Linseed to arrive
and on track, $2.05; July, $2.06.
Foreign Exchange.
Foreign exchange rates at close of Bust
neas yesterday, furnished by Northwestern I by scratch feed $58. Feed wheat 49 ;
Minenapolis Grain Market.
MINNEAPOLIS. July 20 Barlev tf
Flax No. 1. $1.09 2.01.
Seattle Grain Market.
SEATTLE. July 28. Wheat, hard white
soft white, white club, $1.15; hard red
winter, soft red winter, northern spring
$1.13; Eastern red Walla, $1.11; big: bend.
utue stem, 41..LO.
City delivery: Scratch feed $48 per ton
National bank of Portland. The amount
quoted is the equivalent of the foreign
unit in United States funds:
Country Unit. Rate.
Austria, kronen $0.0018
Belgium, francs ................... .0762
Bulgaria, leva .009
Czecho-Slovakia, kronen 0135
Denmark, kroner .1525
England, pound sterling .......... 3.59
all grain chop $40; oats $40. Rolled oats
s; sprouting oats -B. Whole barley $32
do clipped $39; da milled $34; milled feed
S29; bran V-X; whole corn $30: cracked
corn S4i.
Hay Alfalfa $20 ton; double compressed
Finland, finmark
France, francs
Germany, marks .................
Greece, drachmas
Holland, guilders - '.
Hungary, kronen
Italy, lire
Jugo-Slavia, kronen ..............
Norway, kroner
Portugal, escudos .................
Roumania, lei
Russia, rubles ....................
Spain, pesetas ....................
Sweden, kroner ...................
Switzerland, francs
China Hongkong, local currency.
Shanghai, taels
Japan, yen
New York Bop Market.
NEW TORK. July 26. Hops,
state. 1920. 26 (61 28c; 1919, 14 10c;
coast, 1920, 21025c; 1919. 17019.
articles unchanged.
.0175
.0778
.0133
.0562
.3145
.0035
.0486
.007
.1295
.12
.0138 I
.0252
.1285
.2025
.165
.505
.70
.4875
steady;
Pacific
Other
74
21
57
7
1
3
17
10
8
63
85
48
42
36
52
20
30
25
17
7
54
27
72
96
12
69
19
19
45
82
84
4 '
Survey Being Made on Loop Road.
HOOD RIVER, Or, -July 2. (Spe
cial.) C. M. Hurlburt, - ex-county en
grineer, is now engaged for the state
highway department relocating- three
miles of the valley trunk portion of
the Mount Hood Loop road near the
entrance of the Oregon national for
est. The original survey proceeded
to the forest bounds up the canyon
of the east fork of Hood river. The
revised survey will carry the road
above the canyon, and construction,
it is said, will be much less expensive.
The new survey will pass the upper
valley homestead place of ex-County
Commissioner J. O. -Hannum.
Good
Opportunities
for a few salesmen with local
acquaintances, clean records
and references. . .
Call between 10 A. M. and noon.
PORTLAND VEGETABLE
OIL MILLS CO.
H. H. Ward, Finance Director.
805 Wilcox Bldg.
Before Going
Away on Your
Vacation
Stop at Ashley &
Rnmelin, Bankers,
and open an account.
It will give you the
right incentive to save
and deposit a certain
amount regularly
each week or month.
HOURS-8 AM TO 530PM.
SATURDAYS' 8AM TO 8PM.
bast fat native ewes, early. $5; one double
deck feeder lambs. $7.45.
Kansas City Livestock Market.
KANSAS CITY, Mo.. July 26. CTJ. S.
Bureau of Markets.) Cattle 14.000, beef
steers mostly steady to strong; bulk higher.
best heavies, $8.90; top yearlings, sy.tw,
with one load bid $0.65; many grass steers
at $6.257.50. with short-feds mostly $7.50
& 8.25; canners . and better grades, she
stock, steady to - strong; only odd cows
above $5.75; many sales $45.25; medium
cows, dull; canners, mostly $2 (a' 2.20; otner
classes around steady; best vealers to
packers, $8: medium heavy feeders, $G.60;
bulk stockers, $56.
Hogs JI500. active, mostly 2535c higher
than yeerday's average; best lights and
medium to packers and shippers, $16.65;
250-pound weights, $10.1510.40; bulk of
sales, $9.90(510.C0; packing sows and stock
pigs, 15$25c higher; choice stock pigs,
$0.75. . m
Sheep 8000, fully steady. Kansas fed
ewes, $5.35; lambs, steady to 25c lower;
Arizona, $10; natives, $9.50; bulk better
grades, $S.759.25. .
Omaha Livestock Market.
OMAHA, July 26. (United States bureau
of markets.) Hogs Receipts. 8000; active.
25c to 35e higher; bulk better grades, $9.50
P1025; top, $10.50; packing grades, $8.75
Cattle Receipts. 5300; desirable beef
steers 10c to 15c higher; top yearlings,
$11.75: others steady: she stock steady to
25c lower; bulls and veals steady; stockers
and feeders steady to weak.
Sheep Receipts. 12.000; lambs, gen
erally 10c to 15c lower; top westerns $10.40;
natives, 19.75; all otner classes steaay.
Seattle Livestock Market.
SEATTLE. July 20. Hogs, steady; no j
ICCClllls, M uuL.tiuiia uu.iiaii6cu.
Cattle, steady; no receipts: quotations
unchanged.
Bidding Active at TTool Auction.
LONDON, July 26. There were 10,476
bales offered at the wool auction sales to
day. Bidding wss active and prices steady.
There was a better demand for inferior
grades.
Dried Fruit at New Tork.
NEW YORK, July 26. Evaporated ap
ples, dull; prunes, easy; peaches, quiet.
w York Cotton Market.
""NEW YORK. July 26. Cotton Spot,
quiet. Middling. 1200c.
Municipal and
Provincial
BONDS
We offer for investment of your
June and July funds a elect list
of foreign and domestic bonds
yielding
6 to 81,4
Descriptive circulars upon
request.
WESTERN BOND
& MORTGAGE
COMPANY
Ground Floor, Bonrd of Trade
Building Main 113.
SO 4TH ST, POBTWXD, OR..
Read The Oresronian 'Classified ads, j
HERRIN & RHODES, Inc.
(Established 1SD6)
BROKERS
MEMBERS CHICAGO BOARD OF
TRADE.
Private Wires Dirr-t to All Secur
ity and Commodity Markets.
Local and Unliated Securities.
Quotation and Information Cheer
fully Furnished.
LIBERTY AND YICTCRY BONDS
BOUGHT AND SOLD.
Main 283 and 284.
201 -205 Hallway- kixchansje Bids.
Slide Irrigation District
Malheur
County
6
Serial Gold Bond
Dated January 1, 1921
Maturing serially, 1932-1939 -
Denomination $1000. 500 and $100
The eonatruction haa been com
pleted and the district is , now in
successful operation.
A Municipal Bond
Federal -Income Tax Exempt
Certified by the secretary of state of
Oreros sfter complete exsmination
of the district by the state securities
MiMiniuinii comDOsed of state sup
erintendent of banks, state engineer
and the attorney-general of tne state
of Oregon. Such certification makes
this issue & legral investment for sav
iner hanks commercial -bAnks. trust
companies. trust funds, insurance
companies and state school funds
and lea-ally acceptable to aecure de
posit of the state, county and . city
funos tn uregos Danaa.
Interest Pal by the State of Oresron
up to and including; juiy 1. u-i
Legality approved by Messrs. Teal
Minor and Winfree. Portland. Or.
and the attorney-general ot the
state of Oregon.
Prices to Yield
7
G.E.MILLILR
& COMPANY
BONDS
How $925 Invested Now
May. Yield a Profit of $1505
In Yesterday's advertisement we showed how $1360
profit is possible on a $1100 investment in 5 Brazilian
bonds. Today we show the possibilities of even a more
handsome profit in the 4 bonds of the issue of 1910
all made possible by the big premium now being paid in
Europe for the American dollar a-rate of exchange that
cannot long continue.
Buy'4 External Gold Loan Bonds
REPUBLIC OF BRAZIL
Prices now r7 HO cf
to yield . J O t
Increasing to 10.52 With Sterling at Par
These 4 Bonds at $925 for 500 :
With Exchange at Annual Income J Profit
3.60 7.78 $ 875
4.86 (par) 10.52 ' $1505
Accrued int. included.
Write us for full informatioit concerning
this unprecedented opportunity.
LUMBBRMENS
Broadway and Oak
GOVERNMENT
MUNICIPAL
CORPORATION
TELEPHONE MAIN -"-C)J
104--5-6 Northwestern CanH Building
S3 ORTLAND , OR ONI
Seattle, rTosre Bulldinsr
1
We offer and recommend
United States of Brazil
5 Sterling Loan of 1903
Principal and Semi-annual Interest (May 1 and November 1 )
Payable in English Pounds Sterling
Price $225 per 100 (par value $486.66)
Denominations: 1000, 500 and 100
A current yield on your investment of from 8
to 10.8 may be obtained besides an increase
in principal of from 55 to 116, depending
upon the price of exchange at maturity date.
These bonds are the general external obligation of the
United States of Brazil, whose national wealth is esti
mated at over $15,000,000,000.00.
We urge investors to take advantage
of this investment opportunity. -
Wrile, call or phone for detaih. ,
F.l.nevereaux &(3mpany
INVESTMENT BONDS
8T SIXTH STREET PORTLAND. OREGON BROADWAY 1042
GROUND FLOOR WELLS-FARCO BUILDING