TIIE 3IORXIXG OKEGOXIAX, TVTEDXESDAT, ATJGTTST 21, 1921
SUGAR MARKET iS
, 'UNSETTLED TOHE
Prices Are Cut by Some East
ern Refiners.
ACTION MAY BE FELT HERE
Standard feed ....... 21.00 21.00
Corn
No. 2 E. T. shipment 28.50 28.00 23.00
FLOUR Family patents. 17.80 per bar
rel; whole wheat, $6.20: graham. $8.00;
bakers' hard wheat. 7.25; bakers' blue
stem patents. (6.75; valley bakers. $4.00;
timothy. 1818.S0.
UILLFEEO Price f. o. b. mill: Mill
run. $25 per ton; rolled barley, 34636;
rolled oats, $36: scratch teed, $47 per ton.
CORN Whole, $36; cracked, $39 per
ton.
HAT Buying price f. c- b. Portland;
Alfalfa, $15 per ton; cheat. $12 12.50;
oat and vetch, $13 13.50; clover, $10;
valley timothv, $15015.50; eastern Oregon,
timothy. $1818.50.
Dairy and Country Produce.
BUTTER Cubes extras, 4041e IV;
prints, parchment wrapped, Dox lots, 40c;
21.00
OILS STRONGEST STOCKS
OTHER ISSCES XTrTLP IX WAIL
STREET TRADING.
Railroad Earnings Statements Are
Mixed WIU Union Pacific
Showing Xrftrg-e Gain.
NEW YORK, Aug. 23. Stocks were
irregular at today's opening of business.
cartons. 47c Butterfat, buying prices: No. j firm to strong at midday and heavy in
1 jrraae. 4nc, aeiiverea rortiana. I the tinal dealings, when -transportations
EGGS Case count. 28c: candled ranch. I were suhlected to renewed liquidation.
321? 34c; selects. 35 36c. I Trading was sliKhtly more active and
Consumption Slows Down in All
DParts of Country With Active
, Canning Season Over.
There is an nnsettled feeling In the
mgar market and an early announcement
of a, decline in prices would occasion no
surprise in the trade here.
Two declines, each of 10 points, have
been made by an eastern refiner in the
past two days, and while the other re
finers are holding up to the old quota
tions, the undertone of the market Is weak.
The demand for refined sugar throughout
the country has slowed down with the
peak of the canning season past.
Commenting on the position of the raw
sugar market in the east, a trade author
ity writes:
The Indifference of refiners to offer
ings in the present Juncture is regarded
merely In the nature of a temporary
aft-back occasioned by the present lull In
the demand for refined. The greater
part of the sugar trade is restricting new
business In refined, awaiting the time
when deliveries on sugars previously pur
chased on which refiners are now several
weeks behind shall have been made. It
it believed that - the present degression
will be short-lived and that buyers of
raw sugars will eventually, have to go to
the Cuban committee for their supplies.
NEW YORK, Aug. 23. Raw sugar-
YJnchanged with uncontrolled quoted at
4,60c for centrifugal; Cubas were held
X 4.86c
There was another decline of 10 points
to refined sugar by one of the local re
liners to the basis of 5.80c, while others
were unchanged at 6.05c to 6.15c.
CHEESE Tillamook triplets, price to,,,- ... nniiioni embraced a
J"""" - -"vi, xuuu . greater variety of Issues ot tne more uu
POULTRY Hens, 17036O lb.: springs.
25 27c; ducks, 22 28c; geese, nominal;
turkeys, nominal.
PORK Fancy, 15c per pound.
VEAL Fancy, 16816c per pound.
per box: lemons. 7.007.75; grapefruit, "fu " ju y statement of earnings sub- IWeLE
5.506.00 box; bananas. 89o pound: I" bt the railroads were mixed, the
apples. $1752.50 box; cantaloupes. 75c however, showing . L s 2, ,
s.du crate: peacnea, siaiii.au box: wa
termelons, ltg)2o pound; plums. 574e
pound; pears, $1.756jf2.25 box: ' blackber
ries, $1.25 1.75 per crate; grapes, $23
per crate; casaDaa, ac per pound
:r crate; casaDaa, oc per pound. I - - . ... v, v th
POTATOES New, l2rnound. Sweet "s reduction of local rediscounts by the
... . .. t.. ..,, - I federal reserve DMK wciw
uniuna xeuow, T J.UU per sacK. I " ' " ' . , t. wlilcb
u. . ,-, , , . v. " . ...... I L-.p.nti.i. t i Belgian rate, wnica
lettuce. aa.75fii3.25 crate: carrots. $2.50
per sack; garlic, 15 20c per pound; beets,
.4Z&.ia per dox; cucumbers. 75co
$1 per box: beans. 57c per pound: green
corn. 35fc 45c per dozen. Celery, 85c & $1.25
dozen. Eggplant. 8 10c pound; tomatoes,
750o box.
HARD AND SOFT WHITE WHEAT CP
Bids Are Rained 1 Cent at Session of the
Merchants' Exchange.
Wheat bids on the local board were 1
cent higher on August and September hard
white and August soft white. Other
grades were unchanged. Not much busi
ness was reported at country points.
The coarse grain market was quiet.
September white oats were $1 higher on
bid and others were unchanged.
A cable from the American agricultural
commissioner at London to the bureau of
markets and crop estimates states that
the London Times has issued an estimate
of crop conditions in England which is of
particular interest because of the severe
drought that has prevailed in the British
isles since spring. The Times places the
condition of the wheat crop In England
at 96.45 per cent of normal. This highly
favorable condition is accounted for by
the fact that the wheat, which is fall
own. escaped the bad effects of the
drought because ot Its advanced growth
early In the season. Other English crops,
however, have not fared so well, accord
lng to the Times. The grass crop is given
as "very bad,"- and the hay orop is called
poor," with a second cutting impossible.
The condition of the barley crop Is placed
at 78.37 per cent of normal, the oats crop
at 73.17 per cent, beans at 65.44 per cent.
potatoes tit 72.31 per cent and root crops
at 55.47 per cent.
Terminal receipts. In cars, were reported
By the Merchants' Exchange as follows
Portland Wh't. B'ly.Fl'r.Oats.Hay.
i uesuay lflo
Year ago . 35
Season to date. ...4824
year ago ......... 2035
Tacoma
Monday 73
Year ago 33
Season to date.... 1209
"Year ago 410
Seattle
Monday 44
Tear ago 15
Season to date.... 745
Tear ago 115
1 14 7 2
1 2 3
53 850 124 105
17 121 80 187
4 9 2 1
1 9 ... 10
36 181 18 61
12 154 10 109
i e 2 ...
6 1 ... 8
18 275 31 227
49 58 1 313
Fruits and Vegetables.
FRUITS Valencia oranges, $5.007.00
stantial or dividend paying shares. There
were no surface indications, however, of
v, .. nrAf.uinnal entlxnent.
J - e 1
on. war. the atroDJEesi ieaiuiw.
amounted to 500.000 shares.
Apart from the quarterly iinanciaa --
. . nr th. pnnner comDaaieii
... . v. a hirrnr aeiicits. tu. .i w ooiworxn .
news bore little airect rciiu CI I x i. t J.
Texas Oil.....
lexae 1 ac . . . .
Tex Pc C & O
Tob Products.
Tran Contl Oil
Union OH Dei
Union Pac....
United Alloy..
United Drug..
Unit Fd Prod
United Fruit. .
Unit Rda pfd.
Unit Ret Strs
u s Ind Ale.
4.S00
9o0
2.700
400
i,400
83,
22
16
66
6
16
1,400 118
1UO 23
U S Rub.
800
800
2,500
200
3,300
800
do 1st rfd
TJ S Smelting.
U- S Steel
do pfd
Utah Copper. .
Va Chem
do pfd
Vanadium Stl
Vivandou ....
"Wabash
do A pfd...
do B pfd...
Wells Fargo..
Western Pac. .
do pfd
Western Union
Wesths E & IS.
West Md
White Motors.
Willys-Overld.
do pfd
Wilson Pkng. .
Wisconsin (Jen
. . 21,200
600
24,600
100
4.800
1,100
. 65
15 74
102
18
50
434
66
8614
82
22
16
65
64
1
117
23
55
154
1014
17
48 4
45
434
84 4
73 724
44
24
434
23
834
224
16
55
64
164
117
23
B4
154
102
174
484
45
434
84
27
72 4
1UM
Berlin 4s ... H "4
Hamburg 4s 104 i,
Hamburg 44a 114 12
Leipsig 44s 10 12
Leipsig 5s 114 13
Munich 4s 114 134
Munich 6s 114 13
Frankfort 4s 11. J?
Jap 4a 71 714
Jap 1st 4 4 8 6
Jap 2d 44s 86 ,g84
faris OS ;"Y
United Kingdom 64s. 1921... ! .
United Kingdom. 54. 1022... 98 HH
United Kingdom 6s. 1929...-f 2
United Kingdom 54s, 1937... 87 87
66
,200 .264 26 26 4
100 I'.'.l'. 7
1,200 19
13 2
- 56
200 21 20 4 20
574
..... 81
900 40 89 S9
700 8 9 9
100 82 82 82
600 64 6 6
26
- SOVi
300 ..... 25
600 107 4 107 106 4
800 84 4 84 33
) 8
BONDS.
Union Pacific system.
heavy net gain.
iithnnfh inonev continued te flow in
from interior sources, call and time rates
were unchanged. Rumors oi an ijiiwci.u-
TJ S 2s. reg...100
ao coup "1004
do 4s, reg. . .104 ,B
do cv 4s. CD.104V
Panama 3s, rg 75
ao coup ... 73
A T & T cv 6s 99 4
NYC deb 6s. . 92'4
Nor Pacific 4s. 76
do 3s . 56
Pac T T 5s. . 85
i-enn con 4s.-hh
So Pacif cv 5s.93
' Foreign Exchange.
-pVtreltm .xchnnsr. rates at close of bust-
I ness yesterday, furnished' by Northwestern
23 I Na.tinna.1 bank of Portland. ' The amount
quoted Is the equivalent of the foreign unit
in United States funds:
Austria, kronen ?213
Belgium, francs ' .
Bulgaria, leva .0093
("' Ti-c h n s; 1i.vb U ia V-rr,nen ........... . 0 1 O
Denmark, kroner ................. .1675
England, pound sterling. ......... - a.et
Vfnl.nH flnmarlr - .OlS
France, francs .'....... .0776
Gnrmnnv ro.rk. .0123
ureece. drachmas ..................
HAllenri.. uilH.ra .. ...... .31
Hungary, kronen .0033
Ila'v HrA .043
Juaro-Slavia. kronen .0065
Norway, kroner ........... "f2
Portugal, escudos .(
Rnviman ft. 1 . I . .trio
Serbia, dinara .Oj-S
Snain. pesetas .ldfi
Kir.H.n It rnn.r ...... ...... .216
Switzerland, francs ............... .1703
China Hongkong, local currency.. .006
Shanghai, taels - "
Japan, yen .4875
Corn No. t mixed. 684So; No. t
yellow. 5454c
Oats No. 2 white. 34c; no. s wnite.
814c
Rye No. 2, 98009c.
Barley 57 e? 65c '
Timothy $465.
Clover $13 S 19.
Pork Nominal.
Lard $J0.45.
Ribs $9 610.25.
federal reserve bank
well informed quarters..
-c ...... .v.. Rpirlan rate.
yielded slightly, all foreign exchanges im-
i.ah nn.m.u in international remit
tances again centered in sterling, francs
and guilders, other quotatlop being large-
Irregularity marked tr.aid'n d: Liberty. 34.
mestic bonds, inciuaing not um .,., Liberty, 1st 4s
Atchen gen 4s. 77 4iUnIon Paclf 4s
D & ft con 4s. 65 4iU S Stoat 6s..
of PorUand:
Staple Groceries.
Local lobbing quotations:
SUGAR (sack basis) Cane, granulated.
.20c pound; oeet. ic pound.
NUTS Walnuts, 2025c pound; Brazil
...nrH.H additional lossea Total
sales par value. $8,200,000.
nlRIIfO STOCK QUOTATIONS.
(Furnished by Overbeck & Cooke com
pany, fortlana.7
Stock. Sales
nuts. 1820c; filberts, 1517c; amonds, I Adams Exp..
24(&30c: peanuts. 8f&llc pound.
RHJE Blue Rose, oc per pound: Japan
tyie, oc per pouna.
BEANS small white, 4.90c: pink. 84c:
lima. 7c: red, 10c per pound.
COFFEE Roasted, bulk. In drums. 14 a
36 c per pound.
SALT Oranulated, barrel, $3.2004.05:
half ground, ton 50s, $17.5; 100s, $16.25;
lump rock, $26.00.
hunki (jomo. new crop, $ per case.
DRIED FRUITS Dates, $4.25 per box:
figs, $3.25 5.25 per box; prunes, 7412c
per pound.
Provisions.
HAMS All sizes, 87 039c: skinned. S4S
41c: picnic, zoibizic; cottage roil, Z5c.
BACON Fancy, 47aaiic; choice, 820
37c; standard, -lorauc
LARD Pure, tierces, loo pound; com-
nound. tierces, 12 4 c.
Dttx bALi naca, gztgjzoc; plates, IOC.
Hides, Hops, Etc.
TALLOW No. 1, 4c; No. 2, 24S84c
per pound.
CASCARA BARK Five cents a pound,
delivered Portland.
HOPS 1920 crop, logczoc per pound:
contracts. 80c per pound.
HIDES Fresh, cured, 4c per pound: calf.
llli:c per pounu; Kip, oc per pouna.
WOOL isew cup, xtQtc per pound.
MOHAIR New clip, 16c per pound, de
livered Portland.
GRAIN bags Nina cents at country I Am Wool
points. I Am W P pfd.
I Am ioinc
"us . I Anaconda
LINaEhiU uiij naw, in narreis, xi.oz: 1 Asad Oil.
5-gallon cans, $1.17. Boiled, In barrels, I Atchison
ii 04: &-eaiion cans. i do Dta
TuKfJi.N ti.mj an arums, s:c; o-gallon 1 Ati 'j a w x .
Advance Kum.
do pfd. .....
do pfd ,
Aiax Ruber. .
Alaska Gold. .
Alaska Juneau
Hied Chem. .
Allls-Chalmers
Am Beet Sug
Am Bosch ...
Am Van Co. . .
do pfd
Am Car & Fdy
do pfd. .....
Am Cot Oil...
do rfd
Am Drug Syn
Am Hid & Lea
do pfd
Am Ice
Am Intl Corp.
Am Linseed.
do pfd.....
Am Loco
do pfd
Am Saf Razor
Am So & Com
Am Smelter..
da rfd
Am Snuff....
Am Steel Fdy
Am Sugar....
do pfd
Am Sumatra.
Am Tel & Tel
Am Tobacco. .
do B
800
2(10
400
100
600
i.'ioo
1,000
500
100
600
600
i,Voo
' 1 00
100
600
600
'6,900
100
1O0
1,900
200
200
i.ioo
200
'2,206
5,200
700
6.600
900
800
200
7,800
400
100
4,500
200
1,400
cans. $1.07.
WHITE LEAD lOO-pound Kegs. 124c
ner pound.
COAL OIL Tank wagons and Iron bar
rels. 17 4c: cases, 3037s.
GASOLINE Tank wagons ana iron bar
rels, 26c; cases. 38 4 c.
SAN EBANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits,
Etc., at Bay City.
SAN FRANCISCO,
S0O0
Baldwin Loco 12,000
do pfd
Balto & Ohio. 3,500
do pfd
Beth Steel , "B
B R T
Butte O & Z. .
Butte & Sup..
Caddo Oil
Calif Packing
Calif Pet
dop fd
Canadian Pae 2,600
Cen Leather. . 4,700
High.' Low.
4K4 8U4
12 4 1
"80" "36"
..... ......
194 ' 1
..... .....
354 ."35"
304 24
83" "32 4
25 24
Hi" iisvi
"i64 "iovi
"164 9
474
28" 26"
174 174
834 "S3
102 102
4 34
344' '334
694 694
"21 "194
61 69 4
88 87
434 41
105 4 105
120 117
117 ' 116
68 63
22 21 4
7 7
84 S3
9S 97 4
934 834
'214 '264
72 70
Bid.
40
12
21
30
64
184.
ra
1
35 4
HO
274
61
244
87 4
So . Rlwy 5s 844 NEW YORK. Aug. 23. Exchange Irreg-
ular: sterling, demand, $3.66; do, caDies,
1 S3. 66 ; francs, demand. T.70c: 00, caoies
w ... I l.l?9C, Xr.UC, U 1 III.
i-lDcrty Bona quotations. I An ,h, 7M.! ariiilrter. demand. 27.8tlc:
Tl . ,,, . ... 1 ' ' . '
n o. Jioerty oona QUOtatlOna mr- 1 An r&t,l.. HO OO re. demand. 4 '24c: do
nished by the Overbeck &. Cooke company I cables. 4.25c: marks, demand. 1.154c; do
cables. 1.16c: Greece, demand. 5.55c: awe-
High. Low. Clost. I den. demand. 21.45c: Norway, demand
OB.4U 88.10 88.10 13.25c: Argentine, demand, 30c: Brazilian,
J 2 demand, 12.12c; Montreal. 9 15-16 per cent
87.64 87.64
91.74 91.74
87.70 87.78
98.68 98.70
98.70 98.70
Liberty. 2d 4s
Liberty, 1st 44s 87.86
Liberty. 2d 4 4s 87.70-
Liberty, 3d 4 Vis .... 91.86
Liberty, 4th 44s S7.84
Victory, 4a 98.74
Victory, 3 j4s 98.72
EXPORTERS BUY WHEAT
BOSTON.
Allouez . . .
Ariz Cornel.
Cai & Ariz.
Cal &. Heel
Centennial
Mining Stocks.
Aug. 23. Closing quotations:
Cop Rfrge Co.. 30
E Butte Cop.. 74
Franklin 1
Isle Roy Cop.. 18
Lake Copper... 2
Mohawk ...... 46
20 INorth Butte
7 Old Dominion
45 Osceola 1!3
222 Quincy 33
7 41uperior a
spr He Bos Min. 1
Shannon 90
Utah Con 3 4
w inona 50
Wolverine 10
300
4,700
300
600
fiOO
200
400
600
364
50
48
10
4
11
8
60
32
35 4
50
46
10
3
lO
8
60
314
Aug. 23. Vegetables I j d.w. i .mo
Squash, 2560c; potatoes. $2.15&3; to- I Chandler Mot. 4,200
WHEAT HARVEST IN FRANCE ENDED
Crop Prospects In Germany Are Main
tained Hungarian Outlook Good.
The grain crop situation abroad is ca
Wed by Broomhall as follows:
"United Kingdom Yields of wheat In
Vis country are good, but rains are hin
Tering harvest operations and in some sec'
tions there has been sprouting.
"France Harvesting is practically fln
tohed In this country. Good rains have
been experienced.
3ermany General rains have fallen.
Harvest indications of wheat are main
tained. Unrestricted imports are expected
soon.
"Hungary, Jugo-Slavia Reuter'a dis
patch states wheat in these countries is
excellent, while corn Is practically ruined
on account of the prolonged drought. On
the other hand, other reports are to the
affect that the corn crop is only mod
erately deteriorated.
"Australia Further good rains have
been experienced.
"India Further beneficial rains have
fallen in the northern regions and the
outlook is Improved.
"North Africa Yields of wheat are disappointing."
matoes, $1(8'!. oo; Dell peppers, attfec
pound: beans. zGdc; Italian, o(ooc; lima,
7610c; carrots, $1 sack; corn, $2gj2.75
sack; lettuce, $1.25 crate; celery, $4.5U6;
onions. $2.252.35.
Poultry aoung cnicKens, ananaci stag-
gy roosters, 256335c; old, 18c? hens, 20(
2tic: ducks and geese, 25c; turkeys, live.
85c; dressed, 45c; Belgian hares, live, 15c;
dressed. 18(n)20c: squabs, fancy, 40c.
Fruit Oranges, -$40.50; lemons, $4
5.50: lemonettes, $23.50; grapefruit. $4
5; strawberries. $1 1.30 crate; 50 60c
drawer; raspberries, 60gp7ac drawer;
peaches. 75c $2 lug; cantaloupes, stand
ards, 75c$1.50; ponies, 7590c; flats, 40
60c; watermelons, l14c; grapes, seed
less. 75c $1.35 crate; pears, 7ac$2.75.
Receipts Flour,.- 4574 quarters; wheat,
1609 centals; barley, 1081 centals; oats, 50
centals; beans, 1142 sacks; corn, 100 sacks;
potatoes, 692 sacks; onions, 337 sacks;
hay, 152 tons; lemons and oranges, 750
boxes; livestock. 400 head.
Naval Stores.
SAVANNAH. Ga., Aug. 23. Turpentine,
5Cc: sales, 2UO barrles; receipts, 809 bar
rels; shipments, 225 barrels; stock, 7536
barrels.
Rosin firm; sales, 1001 casks; receipts,
2122 casks: shipments. 605 casks: stock.
72,261 casks. Quote, B. D, E, F, $3.75; G,
$3.85; 1, H.-:o; At, $4.ao; is, $4.40; WG,
fu.ia; WW, 4.UD.
Indemnity Trading to Be Voted On.
CHICAGO.. Aug. 23. The directors of
the Chicago board of trade decided today
to submit a rule prohibiting indemnity
trading to the membership lor vote. Trad-
ing in Alay grains win Degln tomorrow.
Dried Fruit at New York.
NEW YORK, Aug, 23. Evaporated
apples firm; prunes quiet but firm.
Peaches steady
Duluth xnseed Market.
DULUTH, Aug. 23. Linseed on track
and to arrive, $2,054-
Cotton Market.
DULUTH, Aug. 23. Spot cotton, steady;
middling, 13.73c.
Charo & N W. 400
Chgo Gt W
do pfd
Chili Cop 600
Chino 800
C M St P 2.300
do pfd ..... . x, ni
Coca Cola ... 500
C & O S.700
Colo F A I
Colo Southern
Col Gas & Eleo 200
Colum Grapn ;.,'"
Con Gas.
Cons Cigars .
do pfd ..... .
Contl Can....
Contl Candy. .
Corn Prod.-..
do pfd.
Cosden Oil. .. .
C R I & P-
do A pi a.
do "B" Pfd..
Crucible .....
do pfd.
Cuba Cane.
1124
24
25 4
42 4
64
1114
2
244
41
634
600
800
1,200
200
2,300
8,300
" 300
8,500
7.10O
do pfd 7,600
DAILY METEOROLOGICAL, REPORT.
CUBE BUTTER BRINGS BETTER PRICE
Demand for Eggs Is Improving and
Quality Is Good.
Cube butter offerings were again limited
and the market was Btrong. For extras,
. up to 41 cents- was asked. The movement
in prints is improving.
There also was a better demand for
esgs and, while prices are not materially
higher, the tone of the market is better.
The quality of the eggs now coming from
the country is generally good.
Poultry receipts were light and springs
and heavy hens were firm with a good
demand. There also was more call for
veal, and, as receipts were small, higher
. prices were obtainable. ...
GOOD PEACHES ARE IN DEMAND
Interest in Cantaloupes Centers Principally
in Bnrrell Gems.
There was a strong demand for peaches
of good quality and on these prices were
firm, but the poorer grades did not at
tract much attention.
There was no Improvement In the can
taloupe situation. Two cars came In from
California and they were hard to sell.
Local stock, particularly Burrell Gems,
had the call. This variety, of which two
cars arrived, sold at $2.25 to $2.50 a crate.
Bank Clearings.
Bank clearings of the northwestern
CHles yesteraay were as follows:
Clearings. Balances.
Portland $4,988,132 8".fl.7!4
4.562.122 733.757
Seattle
Tacoma ,
Spokane
r.2.513
1,283,373
62.6S5
451.316
Cub Am Sub.
Del & Hudson
Dome Mines..
D & R G
do pfd -
Endicott John
Erie
do 1st pfd..
do 2d pfd. .
Fam Players.
Fed M & Smlt.
do pfd
Flsk Tire....
G.i at on Wms.
Gen Cigars...
Gen Elec
Gen oMtors...
Gen Mot 6. .
Gen Asphalt.
Goodrich ....
Goodyear ....
Granby
Great Nor Ore
Great Nor pfd
Greene Cana.
Gulf S Steel..
Hask aBrker.
Houston Oil..
Hupp Motor..
Ills Cent
Inspiration . .
In Ag Jor pio.
Interboro ....
do pfd
Interstate Cal
Int Harvey...
Int Merc Star
do pfd. .....
Int Nickel....
Int Paper
do pfd .......
Invlnciple Oil.
Island uu..
900
200
200
800
400
1,000
300
4.000
PORTLAND, Aug. 23. Maximum tem
perature, 69 degrees; minimum, 55. River
reading at 8 A. M., 4.2 feet; change in
last 24 hours. O.o loot tail. . Total rain
fall (5 P. M. to 5 P. MJ, trace; total
rainfall since September 1, 1920. 46.
Inh.,' r rm u 1 rninfn II '.InoA fi,nt,mh.p 1
1920, 44.89 Inches; excess of rainfall since I .C'JLl
September 1. 1920, 1.36 Inches. Sunrise,
5:20 A. M. ; sunset, 7:07 P. M. ; total
sunshine, 3 hours and 46 minutes; possible
sunshine, id hours and 47 minutes. Moon
rise. 9:56 P. M.. Wednesday; moonset, I Lack steel
11:28 A. M-, Wednesday. Barometer I Te Tire.
(reduced to sea level) 5 P. M., 29.98 I Lehigh Valley
Inches. Relative humidity: 5 A. M.. 80 I Lorlllard ....
per cent; noon, 70 per cent; 5 P. M., 53 I Lowe Theaters
per cent.
THE WEATHER.
600
200
loo
11.500
9.900
i2,300
600
200
4.400
100
""2V10
1,900
400
300
2,600
'i,H6
500
. 2,300
1,500
2,400
5.600
500
2,000
16 18
10 9
214 21
25 24
as 37
S3 32
624 51 4
'434 "534
3 3
85 84
"rs4 "es"
102 101
23 22 4
30 29
'63 "63
624 6U4
"s'h "74
19 174
13 12
'ie "ie'
"14 ""14
67 57 4
13 12 4
19 184
"64" '624
o-4 -j"
64 64
112 109
9 9
43 '41
294 294
72
71
K C Southern,
do pfd. .....
Kelly-Spgfd . .
Kennecoti . .
Keystone Tire
800
2.100
600
1.100
100
600
600
2.300
400
3 5:
O
STATIONS.
a tj
3-p
a3
PORTLAND MARKET QUOTATIONS
Grain. Flour, Feed. Etc
Merchants' Exchange, noon session:
-Bid-
Bawer. . .
Boise . . ... ..j
Boston . . . . .
.Calgary
Chicago .....
Denver
Des Moines..
Eureka
Galveston
Helena
Juneau
Kansas City.
Los Angeles.
Marshfield .
Medford
Minneapolis .
New Orleans.
New York. . .
North Head.
Phoenix ....
Pocatello
Portland . .
Roseburg ...
Sacramento .
St. Louis . .
Salt Lake ..
San Diego .
San Fran. . .
Seattle
Sitka
Spokane ....
Tacoma
Tat. Island..
Valdez
Walla Walla
Washington
Winnipeg
Yakima
Wheat " Aug. Sept. Oct.
Hard white $ 1.10 $ 1.09 $ 1.08
Sort white 1.09 1.08 1.08
White club . 1.08 1.0S 1.08
Hard winter ,. 1.07 1.07 1.07
Northern spring 1.07 1.07 1.07
Bed Walla 1.03 1.03 LOS
Oats
No. 2 white feed.;... 25.00 21 OO 24.00
No. 2 gray 23. OO 23.00 23.00
Barley
PtewiiK m. 22-00 22J 22.00
48
56
54
3K
2
60
62
52
82
62
76
64
46
51
60
80
60
66
76
5 81
55
48
54
68
66
60
54
54
Win
t
o (
o n
r.
"4 o
9
W
10ISE
. .a
. . NW
.. SE
. . N
. .IKE
12 N
. . ME
1,200
700
1.300
80,300
400
8.800
2.300
300
100
Weather.
bu.o.ou
920.OO
74:0.00
84 iO. 00
76l0.ll
76 0.06
8O1O.OO
60 0.0O
92 0.OO
840.0010SW
T74
96 0.0O
86j0.0M
7010.00
80;0.00
96!0.00 . JSW
76,0.00 he's
60 0.02)20 S
88 0.00 10IW
80:0.001. .SW
6U O.OO
74i0.00
84 O.OO
S80.00
84,0.00
S
. JNW
10jS
20 S
lOINWj
76 0.001. , SW
O4IO.0O;12 KW
68,0.00 . .SW
T70i... . . .. . ..
80(0.00 12;SW
. 68,0.00 . . W
58,0.28 12, S
t6;o.ooi. .sw
50
38
62 80,0.001.
54 80 0. 0O . .
52 78 0.001..
; 52 82(0.00! .N
W
SE
NW
Clear
iClear
Clear
Clear
Clear
Clear
Clear
Clear
Cloudy
Cloudy
IClear
Clear
Pt. cloudy
ft. cloud?
Clear
Cloudy
Clear .
Cloudy
Cloudy
Cloudy
ft. clouay
Ft. cloudy
Clear
Clear
Rain
Clear
Clear
Pt. cloudy
ICloudy
Cloudy
Cloudy
Cloudy
(Jiouay
fi. cloudy
Clear
Cloudy
A. M. today,
ceding day.
tP. M. report of pre-
FO RECASTS.
Portland and vicinity Unsettled, prob
ably light showers: westerly winds.
Oregon Unsettled weather, moderate
westerly winds.
Washington Unsettled, probably show
ers west portion, moderate southwesterly
winds. .
Mexican Pet.
Miami
Mid States Oil
Midvale Steel.
M K & T
do pfd
Mont Power. .
Mont Ward..
Mo Pac
do pfd
M S P & S S M
M er St L
Nat Lead
Nevada oon. .
New Haven.. 10,100
Norfolk & W. 200
Nor Pac 17.600
Nov Sco Steel 100
N Y Central. . 2,300
Okla Prod ref
Ontario Silver
Ontario & W.
Otis Steel....
Pacific Dev
Pac Gas & El 100
Pacific Oil 2.000
Pan Amn Pet. 6.8OO
do "B" 1.50O
Penna 4,500
Peoples Gas. .
Pere Marqtte.
Philadelph Co
Pure Oil
Pierce Arrow.
Pierce Oil .
Pitts Coal
Pitts A W Va.
do pfd
Presd Stl Car
'Pullman .....
Rey Cons. ....
Reading .....
Replogle Steel
Republic IAS
do pfd
Rep Motors. . .
Roy Dutch Oil
Ry Steel Spg.
Sears Roebuck
Shattuck, Aria
Shell TAT..
Sinclair 6.100
Stand Oil Cal 400
Sloss Shef . ...
Sou Pac 4.200
Sou Ry 3,200
do pfd 600
St. L & S F. . . 3,600
Stromberg Car
Studebaker . . 16.400
Swift A Co
Tenn C & Chm 400
400
500
300
200
1,200
100
100
700
1,400
900
4,800
800
200
1,600
406
3.900
100
3,100
100
2,5IK
100
200
1.600
500
8,600
200
700
"424 "414
"ai" '94".
30 30
"34 "34
10 9
4 3
70 68 4
9 8
404 374
12 12
414 39
"84 "s"
2 2
"24 244
36"" "334
17 174
11 174
864 86
"si" "56""
144 140
11 114
95 4 82
"io' "164
23 23
1 ' 1
3 ,2
i64 "ir4
18 18
"164 "io"
154
944
734
"694
1
34
'55"
S44
34
37
38
544
18
m
54
254
"52"
91
114
664
"454,
81
8
47 4
"eiii
5
34
17
70
14 4
94
71
"68
14
34
'hi"
344
4414
36
374
53
184
'244
114
54
64
23
"6i"
80.
114
65
434
81
84
464
"59 4
54
34
16
69
108 4
16
86
4
9
47
63 4
26
174
39
83
102
3
4
83 4
69 4
99
19
60
87
414
105
1184
117
654
21
74
83
98
83
8O
20 4
71
95
85 4
50
47 4
9
3
10
84
60-
814
71
1114
22
24
, 414
63
7
15 4
9
21
24
37
81
61
22
. 34
63
3
84
27
67
S3
65
101
22
2
74
63 4
5
78
7
17 4
12
99
16
14
67
124
18
124
62
34
2
8
1
534
111
4
60
52
29 4
11
15
27
70
20
314
- OA
42
10
v.i
30
34
34
10
3
0:1
8
874
124
39
BO
8
JO
24
49
33
174
17
36
23
50
140
14
93 4
194
10
23
' 11
2
44
164
IS 4
86
63
9
71
BUSINESS STIJIU-
laATKS ' PRICES AT CHICAGO
8 I T7irvrjn7T,in-v
Swift A Co. Stocks.
Closing nri rp, for .if jb. r-A -, .w. 1, . -.
Chicago were reported by the Overbeck A
(-ooKe company of Portland as follows:
Swift A Co 95
Llbby, McNeil A Libby 8
National Leather 7
Swift International . 22
Earl-y Market Irregular, but Buy
ing Power Improves on All
Breaks; Corn Is lower.
CHICAGO, Ang. 23. An erratic market
in grain futures, which fluctuated Irregu
larly but rapidly the greater part of the
day, rallied strongly in the final trading
on reports of local sales of 800,000 bushels
of wheat to export interests. The close
showed net gains of.c to lc in wheat,
but corn was unchanged to 4c lower and
oats, unchanged to c higher. Provisions
advanced from yesterday's decline, the op
tions ranging from unchanged to 20 points
higher.
0 per cent; closing bid, undertone, due to heart sales to export-
era after Monday's close. The initial bulge
foreign, I brought, out selling orders, which caused
a setback, but the offerings were absorbed
readily. Fluctuations continued along
T rvxTrtr... . .. 1 law lines lae areaier part ot tn Kaaiuu,
i?3 BaX "".Ver' t?M "" trading being mainly local. Some buying
September and seHing of December was
noted. Toward the finish, the huylng
power improved on the breaks and the
export business figures . stimulated it
Money, Silver. Etc.
NEW YORK. Aug. 23. Prime nenantlle
paper, 664 per cent. ,
lime loans, steady; 60 days, 90 days, 6
months, 56 per cent.
Call money, steady; high, low, ruling
rate, last loan,
5 per cent-
Bar silver, domestic. H9Vi
61e. -
Mexican dollars, 47 c.
ounce; money, 3 per cent. Discount
rates, short bills, 4 11-16 per cent-
Primary Receipt. - .
CHICAGO. Aug. 23 Wheat. 8.110.000 ba
rs. 1.134.000 bu Corn: 1.619.000 bu. va
816.000. Oats, 1,422,000 bu. va 1.813,000
DU.
Shlnraenti Wheat 1849 000 bu.
478.000 bu. Corn 826.000 bu. va 147.000 bu.
Oats. 769.000 bu. va 437.0OO bu.
Clearances Wheat. 1.156.000 bu. Flour.
69.000 bbls. Com, 134.000 bu. - Oats, nope.
Rye. 000 bu. Barley. 10.000 bu.
MinneaiMllIa Gnain Marhet- 1
MINNEAPOLIS. Ang. 23. Cash wheat
No. 2 dark northern, it SO ti. 1 35 i : No.
1. $1.84; No. 2 northern $1.25 & 1.80 ;
No. 3. $1.13 ijrl.25 : No. 1 dark hard
Montana, $ 1.25 1.28 : No. 1 durum.
$1,104 1.15 : No. 2. $1,074 6 1-104; No.
3. $1.0541 07.
Corn. No. 2, 48 19c; No. S. 4047o; No.
4, 44ffXC.
Barley 415c.
Flax No. 1. $2.004 02 024.
Futures, wheat September. $1.254: Da
cember, $1.25 4.
Winnipeg Grain Market.
WINNIPEG. Aug. 23. Cash wheat No.
1 northern. $1.84 ; No. 2. $1,774: No. 8.
$1.06; No. 4. $1,44 4: No. 6. $1.29.
Oats No. 2, white. 474c; No. 8. 47c
Barley No. 2. 74 4c: No. 4. 72 4c
Futures Wheat October, $1,39 4; No-
vemoer, ei.01; liecemfter. $1.32.
Grain at San Francisco,
SAN FRANCISCO. Aug. 28. Grain
wheat, milling, $1.902; feed. $1.902.
Barley, feed, $ 1.20 ' 1.30 ; shipping, $1,80 9
1 40. oats, red feed II. 2540 1.40. Corn
white Egyptian. $2.20 2.30; red Milo. $1.90
Hay Tame oat. tldtllS: wild oe.t IlOffl
12; barley. $1012; alfalfa, $914; stock.
Seattle Grain Market.
SEATTLE. Aug. 23. Wheat, hard white.
soft white, $1.11; white club, hard red
winter, northern spring, $1.10; soft red
winter, $1.08; eastern red Walla, $1.06; Big
uena Dluestem, $1.17.
City delivery: Feed Corn, whole yellow.
$39: cracked corn. $41: corn feed meaL $41.
tsariey, wnoie leed. $34; roiled barley, $36;
rouna nariey, 130: cupped barley. 41.
ats, wnoie ieea. e4u roiiea oats. 14.
round oats. $42: sprouting oata S45.
Wheat, recleaned feed, $47; all grain chop.
is: cnlolt feed. 158: chick mash. 157: egg
mash, $48; stratch feed. $47: wheat, mixed
feed, $26; cocoanut meal, $27; cottonseed
meal, $42; linseed oil meal, $46; soya bean
meal, $s.
Hay Alfalfa, No. 1, $20; hay. No. 1. $22;
timothy, fo. 1. $27; straw. $19.
QUOTATIONS ON DAIRY PRODUCE
Market Prices Ruling on Batter, Cheese
and Eggs.
SAN FRANCISCO. Aug. 23. Butter
Extra choice. 48c
Eggs Fresh extras, 43c: extra firsts.
414c; extra pullets, 37 4c; extra firsts.
ullets, 37c; under-sised pullets. 264c.
Cheese t- lata, fancy. 21c: first flats.
19 4c; Young America firsts, 25c .
7
o
Income
Tax
Exempt
7
Income)
Tax
Exempt
$6,200
City Toppenish
Washington
7 Improvement Bonds
Denomination $200. Mature serially.
Principal and annual interest payable at the office of the Treasurer. Toppen
ish, Washington, or through the offices of Freeman, Smith A Camp Co.
ESTIMATED MATURITIES
$800 Aug.- 1. '23
600 May 15. '26
200 Not. 1, "26
$400 May 15, '27
600 Aug. 1. '28
200 June, 1. '29
f 800 Ang;.
400 Jan.
2200 Aug;.
1. 2S
1. '29
1, 'SO
New York: Bonds.
New York bond quotations furnished by I further.
Herrin A Rhodes. Inc.. of Portland:
Am Tel A Tel 6s, 1922 98
Am Tel & Tel 6s. 1924 984
Am Tob 7s, 1922 100
Am too is, iy23 .100
Anaconda 7s B, 1929 - 93
Anaconda 6s A, 1929 88
Armour cv. 7s, 1930 98
Armour 4 4 s. 1939 80
Argentine GI 5s, 1945 69
Am Ag Chm 74s. 1941... 96
Beth Steel 7s. 1922 100
Ketn steel 7s, 1923 98
Beth Steel Eq 7s, 1935 94
Belgium Ext. 74s. 1945 ..102
Belgium 6s. 1925 94
Belgium 8s, 1940 1014
Bergen 8s. City of. 1945 99
Berne 8s. City of, 1945 99 4
Brazil ha. 1941 90 ti
Canadian 5s, 1926 92
Canadian 6s, 1931 93
Canadian 5s. 1937 89
Can Nat Eq 7s, 1935 101
taicaso, in-w is, idu ......103
u M. tsc ot xr gn&rr 44s A, 2014.
Can Nor 7s, 1940
Chile 8s. 1941
Christiana 8s. City of, 1945
Copper Exp 8s, 1922
Copper Exp 8s. 1923
Copper Exp 8s. 1924
Copper Exp 8s. 1925 '
uuoan Amer Sugar 8s, 1931
Corn was generally lower, despite Mon
day's export business at the seaboard of
around 2,000.000 bushels and local sales
today of 200,000 bushels to the same ac
count. Hot weather southwest, which was
calculated to mature the crop rapidly, was
a factor in this development.
Oats exhibited a fairly strong undertone
but trade was limited and the range of
prices narrow. Shipping demand was re
ported slow In this grain, but country
offerings declined.
Provisions withstood a further break In
live-hog prices mainly because packing
house representatives were moderate buy
ers of lard. The trade extended to. ribs.
The Chicago market letter received yes
terday by the Overbeck & Cooke company
of Portland follows:
Wheat Local sentiment earlv Inclined
to the buying aide and the market started
strong, only to encounter AAillnir for
onfA I profits wnicn met poor huv nr nnwr And
resuitea in a aecllne of nearlv X renra
Shortly before the close strength again
developed and the loss was fuliy recov
ered. The newe from export circles was
rather disappointing, bids in most cases
being reported out of line. Receipts con-
98
.. 99
..100
. .100
. . 101 4
..101
99
tinue large in the southwest, while the
Con Gas cv 7s, 1925 102 I movement to - northwestern markets is
Dla Match 74s. 1935 103 4 I Increasing and will probably be of large
Denmark 8s. 1945 1024
Danish Mun 8s. 1945 100
Dupont 7V4s 1931 077i
r rencn ext. 8s, 1943 100
French 7 4s, 1941 96
Grand Trunk 7s, 1940 ; 1024
Goodrich 8s. 1941 102
Gulf Oil 7s, 1933 97
Great Northern 7s. 1936 10O
iiciBiijr itravt yu4
Humble Oil 7s. 1923 97
Int Rap Tr ref 5s. 1966 65
Int Mar CT 6s. 1941 75
...v. ,,-1, x.. ,a, iii .,, 7
Kennecott Is, 1930 9
Libby, McNeil & Libby 7s. 1931 95
Morris & Co. 74s. 1930 99
.Mexican ieie ss, i:t3 96
NYC call 7s. 1930.. 1024
Norway 8s. 1940 103
Northwest Tel 7s. 1941 102 "A
Ohio C G 7s. 1925... 94
Pan Amer 7s, 1930 89
Penna 64s, 1938 99
is f sc u .n unt) 64s. 1936 101
N P 63, 2047 I "101
San Paulo 8s, 1936 07 a
Southwt. Tel. 7a. 1925 97
Standard Oil N Y 7s, 1931 103
Standard Oil of Cal 7a niai 1 if
Sears Roe 7s. 1921 ' inO
Swiss 8, 1940 10RW
Steel & Tube 7s, 1951 92
sears itoa 7S, 1922 98
Sears Roe 7s, 1923 .....
Solvay 8s. 1927 . . . .'
Swift A Co. 7s, 1925 . .
Un Tank 7s. 1930
U S .Rubber 73. 1930...
Wilson 1st 6s, 1928
West Elec 7s, 1925
Westinghouse 7a. 1931 ..
Zurich 03,
97
99
97
101
....... . .l'MI
82
...100 4
. 1 in St.
.- 1004
Foreign Bonds.
Foreign bond . quotations furnished by
the Overbeck A Cooke company of Port
land:
Bid.
Russian 6s, 1021".. 15
Russian 5 4s, 1926 44
Russian 64s. 1919 16
proportions by next week. Attention was
called to the fact 'today that there are
18OO cars or about 11.000,000 bushels of
all grain on track in Chicago not appear
ing In the visible. Canadian crop reports
are generally iavoraoie and threshing re
turns saia to oe nettertnan expected. The
aisposltlon Ot the -targe Canadian surplu
tnis year is going to be quite a problem
and with a' heavy movement imminent In
that country, as well as from the Ameri
can spring wheat belt, we do not think an
extended advance In our market will take
place.
Corn This market, considering the
strength late yesterday, showed a lag
ging tendency today.. . Receipts were est!
mated at 200 cars and the demand was
fairly good at yesterday's- basis. Sblppin
sales of 382,000 bushels including 200.000
bushels to exportera Country offerings
are liberal and win undoubtedly increase
on the amall advances, with the result
that such bulges are not apt to be main
tained.
Oats trade was small and. although
there was no pressure of consequence in
the market, the tone was not strong.
Receipts showed a further failing off and
the cash market was fairly steady. Coun
try offerings to arrive light.
Rye Trade in futures was dull and the
market eased off in sympathy with wheat.
Cash rye was also weak at about 2 cents
under September for No. 2 on track.
Leading futures ranged as follows:
WHEAT. ,
Open. High.
$ 1.17 S 1.13
Population. cenus 1920, 3120. The population of Toppenish has
doubled since 1910. Present population. Including- suburbs imme
diately adjoining, although not properly within the corporate!
limits, Is estimated at 7000.
Toppenish Is the second city in the Yakima, Valley. It has a
sugar refinery which cost $1,250,000. Two other sugar refineries)
are within close proximity. It has the largest nursery plant in
the state. Sugar, alfalfa, grain, potatoes, beeta, cattle, hogs, eheep
and the feeding of livestocK are sources of great income.
These bonds were issued to pay for street improvement work and
constitute a prior lien attaching directly to the property improved,
concurrent with other general taxes.
Legality approved by "Wakefleld & "Wltherspoon, Spokane. Waavh.
Exempt from all federal taxes; eligible to secure public funds
In "Washington; legal investment for trust funds In Washington;
legal investment for savings banks in Oregon and Washington.
I
a af " and accrued' Inter- l"y
Jrrice lOU zu&'truTn 'yo
Income
Tax
Exempt
"Wlre orders "collect-" Cash or partial payment plan.
Freeman, Smith & Camp Co.
MOUND FLOOB
UlMBtRMENS BUILDINO)
FIFTH AND STARK
-WAV B70
row rtawo
Ban raANCjaco
bsga September 6.42; octooer o.o; ie-
cember tt.f6; January i.va. w.itu i.t.
May 7.47; July 7.62.
Spot coffee quiet; Rio 7s 63 7; Santos
4sl04lL
NEW YORK. Aug. 23. Butter, unset
tled; creamery, higher than extras. 40 4
&4lc; creamery extras, 394uc; cream
Egge Unsettled; firsts, 324 086c; others I , ' a.l.i.
Cheese Steady, unchanged.
Metal Markets.
NEW YORK. Aug. 23. Copper, dull
electrolytic, spot and nearby. Il0l2c;
spot and nearby, 28.25c; H
CHICAGO. Auk. 23. Butter Lower.
Creamery, extras, 87c; standards, 344c;
firsts, 32j3oc: seconds. 30h)314c.
Eggs Unchanged; receipts, 9367 cases.
SEATTLE,
to dealers:
Eggs Select lnnal nnrh whit .fe.ll.
42c; do.'-mixed, colors, 38c; pullets, 87c
Buttei Crty creamery cubes, 47c; bricks
Tin Steady
futures. 26.25c.
Iron -Steady; prices unchanged.
Lead Steady: spot. 4.40c.
Zinc Dull; East St. Louis delivery, spot,
4-154.20c.
Antimony Spot, 4.50c.
Aug. 23. Wholesale prices I Olympia Man Leaves Tamlly.
OLYMPIA, Wash., Aug. 23. (Spe
cial.) Tom Brown. Sunday, July 31.
, j j i v. !. ... ;e rtllfl
or prints. 48c; country creamery, extras, s'.r ,B "1,3 "' ,",, T. - v.,m
cost to Jobbers. In cubes. 4flc. and left his homestead near Yelm.
Coffee Futures Lower.
NEW YORK. Aug. 23. There was a fur.
ther decline in the market for coffee
futures today, owing to the earlier ruling
of Rio exchange and continued scattering
liquidation, particularly in the near
months. The market opened at a decline
of four to six points and active positions
sold about ten to 15 points below last
night's closing figures with December
touching 6.89, at about 22 points below the
recent nign level. Closing prices were
about the lowest of the day, showing net
numng switches, were estimated at 59.0OO e i un.
This, was the last seen of him, ac
cording to Mrs. Brown, who has ap-
Dealed to Roscoe fuiierton. prose
cutintr attorney for Olympia. Mrs.
Brown is unable to account for his
disaDDearance. as she said her hus
band was apparently successful and
their home relations of the very best.
He ia 33 years of age. The wife and
child have been left entirely without
funds. County and city authorities
are aiding the prosecutor in the
1 Liberty Bonds
Sept.
Dec
French 40. 1917
French 5s. 1920
French 5s. 1920
Italian 6s. 1918
British 5s. 1922
British 5s, 1927
British 5s, 1929
British vky 4e .
British ref 4e . .
Belgium rest 5s
48
. . 48
.. 70
.. 31
. .366
. .367
. .352
. .275
..357
68
Belgium prem 5s ............ 70
Ge rman W. L. &s 9
Ask.
19
64
19
49 4
44
70
82
376
877
302
2K3
8S2
71
73
104
Sept.
Dec
Sept.
Dec
1.18
.53
.64 4
.34
.87
119
CORN.
.53
.64
OATS.
.34
.87
Low. Close.
$ 1.15 $ 1.17
1.16 1.19
.52
52
.1T5
.36
.68
.63
.84
.37
Sept. ..
MESS PORK.'
17.00
LARD.
10.25 10.47 10 2S
10.30 10.00 10.30
SHORT RIBS.
8.80 9.00 8.80
8.83 8.95 . 8.83
Cash prices were:
Wheat No. 2 hard. $1.17 1.18
2 mixed. $L144-
Sept.
Oct.
Sept.
Oct.
10.4T
10.60
9.00
8.93
78
194
44
22
"67""
75
19
43
21
"63
14
93
71
22
68
1
34 1
17
9
9
54
34 4
414
35
37 4
"53
184
28
24 4
114
5
54
24
73
50
90
11
65
184
44 4
80
84
46
72 4
60
.5
844
18
70
31
75
19
43 4
21
2S
65
95
Z
11
Every industrial plant, business block,
residence and piece of taxable property
is pledged to the repayment of these .
6 ParkBonds, General Obligation
BEND, OREGON
Due 1922-41
Den. $500
Municipal bonds are so rigidly saf e
pTiardefi bv law. that thev do not bear
the hazards of private business. Fur- P"1063 to Yield
thermore, they are backed BY THE I 0h
TAXING POWER. For these rea- A.O u
sons the total loss to. investors has
amounted to an . mfinitesimal eight
ten-thousandths of one per cent, dur
ing the 20-year period from 1900.
During" this, time billions of dollars
worth of municipal bonds were issued.
INCOME TAX
EXEMPT
Legal
Investment
for r
Savings Banks
Broadway and Oak
Good Bonds to Buy
JUST what is it that makes a bond a good
bond to buy? Is it safety? Is it yield? Is it
marketability? Is it favorable terms? Is
it any or all of these?
Then consider the First Lien and General
Mortgage 8 Gold Bonds of the Pacific
Power & Light Company they are good
bonds to buy.
You know the company, -and you' know the
company is sound. You know its business is
soundly builded upon an essential public service.
You know the management is in capable and
efficient hands.
And as for other attractive features, call at
our office, write or phone for our Circular
fully describing these good bonds. No obliga
tion we want you to have it. Ask for it
today.
Blyth, Witter. & Co.
Government, Municipal and Corporation Bonds
YEON BUILDING, PORTLAND
Seattle San Francisco Los Angeles New York
a
FORWARD 1
Marking time is lost motion. It gets us nowhere.
Waiting for big things to happen contributes nothing
toward the betterment of conditions.
There is nothing discouraging about the outlook
except to those who wear the "smoked glasses" of
fear, pessimism and distrust. What we need is
clearer, wider vision.
Our industries need encouragement not in simple .
words, but in material form.
Flight at this time we are handling the increased
financing of one of Pordand's established indus
tries the Multnomah Box & Lumber Company. It
is going over in a really big way. Preferred stock,
yielding a worth-while return, is being offered and
taken advantage of by investors, large and small. It is
a sound, profitable investment. Better look into it today.
EN.CLABK and COMPANY:
Investment Securities
WILCOX BLDG, PORTLAND
San Francisco Tacoma Spokane Walla Walla
At present prices, an in
v e s t m ent opportunity
that we may not see
again.
We buy and sell all
issues of Liberty and
Victory bonds at prices
based' on quotations re
ceived twice daily from
New York.
We keep on hand a
large stock of these se
curities which enables us
to make immediate de
livery of any issue in
amounts to suit the in
dividual purchaser.
BOND DEPT.
LADD & TlLTON
Bank
Oldest In the Nortnwrst
WASHINGTON AT THIRD
The Safe
Road
When you're on the
road to success, dont
get sidetracked to the
byways of risky
speculation. Deposit
regularly with
Ashley & Rumelin
Bankers
HOURS-8 AM TO 530PM.
S ATU R D AY S-8 AM TO 8 P M.
Western Bond &
Mortgage Co.
Buy sad Sell
Investment
Securities
United States Liberty Bond
Issues. State. County. City,
School and Foreign bonds, also
First Mortgages on improved
city and farm property.
List of Current Offerings Vpon
Request
Western Bond &
Mortgage Co.
Oronnd FL Board Trade Bldnr.
MAIN 113. e4 FOURTH ST,
HERRIN &RHODES,Inc.
EstabUshed 1896.
BROKERS
Ken York Stocks, Bonds, Grain, Cotton,
I'riTate Wire.. Members Chicago
Hoard of Trade.
201-3 Railway Exchange Bids.
Telephone Main 283-264. ,