TIIE SUNDAY OREGONIAN, rOKTLAND, DECEMBER 1918.
15
CRIB
E
rniy supply
SHORT F0I1
HOLIDAYS
Only Pacific Coast Berries Are
on Market.
SUPERIOR GRADE THIS YEAR
Eicbanie Makes Fine - Record In
Marketing Crops Under Disad
vantages Outlook for Future.
Taclfle Coaut cranbarrlM ar now prac
tically all la th hands of distributor, Try
ff.w remaining In grower handa. Wall
tha crop this year was ralT la axema of
tkat oC tho preceding season, and all ar
raaacinrats had been mads to properly har
tHt tha rrap, a aertoua situation confronted
tba Pacific Coast Cranberry Exchange,
staff; to tha aurar abortaff. Tha arowars
at ones saw tha adrantaca of conducting a
T I serous adrertiaing campaign to offset this
condition. Tbls la Itself Is remarkable, as
the Industry Is but a few years old. and the
xchanre Is now la Its second year. As
result of this campaign. a rood demand was
ciulnl for cranberries, and It la doubtful
whether there will be a sufficient supply
for tha holiday demands an tha Pacific
Coast.
aUatern cranberries arc but few and far
between la raclfls Coast markets. They
Bar been easily displaced by the local ber
rles. Local growers can profit winch by
methods of marketinc devised and used by
cranberry (rowers In tha East. This refers
especially as ta price for tha product. There
never was any reason why the superior
cranberries of this section should be of
fered at a lower price than berries shipped
la from the Atlantic seaboard. To the credit
f tha growers of this coast It must be said
that they stood back of their fruit and
cheerfully replaced every box guaranteed by
the Exchange. Tela amounted to but very
little, aa the berries bold up better each
year.
It Is but natural that tha merits of a
product growa at home should be doubted.
This year, however, the Union Meat Com
pany purchased for the demands of Its trads
only Pacific Coast cranberries. There Is no
buyer mora methodical or careful than this
company, and with It marjtetlng la a sci
eaca. The reason tha company's buyer gives
Is that the Pacific Coast cranberries are
better keepers than tha Eastern berries. Ths
Union Vest Company's example Is bound to
be followed by other buyers.
The growers have clearly demonstrated
their desire at all times to treat ths trade
fairly and squarely, yet they must learn
that tha trade expects to be protected when
purchasing against competitors. While the
Exchange made fair efforts to maintain
prices, yet a few Independent growers threw
their berries on the market at reduced
prices, and tempted the Exchange to break
tha price It bad set Tha next year will be
the real teat of tha Exchange. It has dons
well to weather tha stormy seas of this
year, and whether It can stand for another
season or not depends upon tha success
the Industry. To this and close co-operation
la essential among all of the growers.
cents cash to growers for recteaned, sacked
large whites and pea navys. California
small whites ranged silently weaker at
shipping polnta at S.M8 per cwt. Ne
Tork and Michigan pea beans weakened
slightly at shipping points, but wera ateady
In New Tork and Boston at (10010.50.
Colorado Plntos held steady. Shipments
were slightly .above ths recent average, to
talling 113 cars for the past four days.
FEW POTATO BALES BT GROWERS
Prices Are l achaagrd at Country Points,
Mkldls Heat Higher.
Few potsto sales were reported from the
country snd prices were unchanged. Buyers
quoted fancy B9banks at 11.50. seed Gar
nets st el.9063-00. and white Rosa at 11.63
61-80. The local Jobbing market was qulat
and unchanged. Receipts were three cars
of Oregons. Shipments were tws cars each
to ban Francisco and Los Angeles, and ana
1 car each to Bohemia. Redding and Stockton.
Wisconsin and Michigan shipping polnta
sdvanced 3 cents to Sl.O01.ei tor No. 1
white atock carloads, f. o. b. usual terms.
The aama atock made a elmllar gain In the
Chicago carlot market reaching 11.7081.60.
Eaatern and Middle Western Jobbing mar
kets showed littlo chsnge but Mains stock
advanced 10 to 13 cents In New Tork to
i0 0 2.83. and Colorado atock declined 10
centa In New Orleans to t-308 x.40. Ship
ments again Increased.
No change was reported In ths onion mar
ket.
LDIV GRADE RAILS FIRM
LITTLE INTEREST SHOWS IX
STANDARD ISSUES.
APPLES FIRM AT BHIPPDfO POINTS
Extra Fancy Winrsape Are Quoted Up te
It. 11 la Northwest.
Two cars of applea arrived yesterday,
mostly chesper grades. There was a mod
erate local demand and prices were un
changed. Shipments were tbree cars to
New Vork, two to Han Francisco and ons I Am Car at i dry
each to Peoria, Chicago, Etmtra, Memphis,
Salt Lake, Norfolk. Globe, Dover, Plains and
Los Angeles. One car of canner stock went
to The Dalles.
Eaatern stock ahowed little change. Tha
beat New York Baldwins are holding firm
at S5.0085.50 per barrel, f. o. b. shipping
points, and at 15.50 S 6.23 In leading terminal I calif Petrol
markets. Extra fancy Northwestern boxed I Canadian Paclf.
Wlnesape strengthened slightly ts a range
of 12.130 3.25, f. o. b. shipping points, but
showed little chsnge In lending Jobbing
markets, ranging generally f2.73wa.25. Ship
ments were sbove tho recent average.
Steel Closes W ith Gain of Over One
Point; Trading Is Dull but
Falrjl Broad.
,VEW TORK. Dec T. Rails, shippings.
stSsWs. motors and oils were the featurea of
today's dull but fairly broad stock market,
pooia abandoning specialties, notably to
baccos. The demand for rails converged largely
around low-priced Issues such aa Texas Pa
cific, Missouri Pacific and St. Louis & San
Francisco common and preferred. Canadian
Pacific waa the only Investment or high
grade transportation to display more thaa
moderate strength.
Marine, common and preferred, and Pa
cific Mall again featured the shippings,
rising 1 lo : points. United States Steel
soon throw off lis Initial heaviness, gaining
slightly over a point. Sales amounted to
163.000 shares.
The bank statement presented so changes
of striking Interest, except for an Increase
or sngntiy more than (47,000,000 In actual
loans and a gain of almost 10.500.000 In
excess reserves, the latter, however, hardly
offsetting last week's heavy contraction.
Further weakness In liberty Issues marked
the trading In bonds, tho fourth 4hi fall
ing to a new low price at 3.s2. and the 3j
repeating the year's minimum at 97.20. Total
sales, par value, aggregated 14.875,000. Old
United States bonds were unchanged 'oa call
during the week.
CLOfcUNU STOCK QUOTATIONS.
Last
sales. High. Low.
Am Beet 8ugar, Hut) fig 611
American tun.'. Koi) 54 40 VI
Am Car as idry ttuo fci fc4 u
American Loco.
Am 8m sc Hug. 1,000 84 li 83
Am Sugar Helg.
Am Tel Tel.. 1,000 10:i 102 i'
Anaconda Cop.. 1,700 tttlft 6i'
Atchison ............
AG&WI8SL 400 1104 109T4
Bait sr Ohio ... 2i0 5t 53
Bethlehem B... l.SuO 60 63
2UO 21 21
21 '0 21 5 214
COO 161)4 161
1.4O0 . 61 601,4 .
300 57 M
B ft S Copper.
Central Leather
Chs A Ohio ...
Cht M A St. P..
Chi e N W . ...
CI It 1 A P otfs.
Chino Copper . .
Colo Fu A Iron.
Corn Prod Refg
Crucible Steel . .
Cuba Cane Sug.
Distill securities
Erie
General Electric
DtMAD FOB CORN IS ACTIVE
Fear Hundred Teas Are Sold a Merchants
Exehaag Barley Also Moving.
Tha demand for corn continues active and
400 tons were sold at the Merchants Ex
change yasterdsy at prices 50 cents under
tha top bids of Friday. Three hundred tons
a January yellow brought $37.50 and 100
tons of December mixed went at 957. One
hundred tons of December feed barley were
sold at $19. also a decline of 50 cents. Oats
bids wera 23 0 73 centa lower thaa ths day
before.
Shipments of wheat, flour Included, from
tha Northwest for ths sessoa to data and
for the corresponding period la former years
Xoilow :
Bushels
IHK-IMS 8.243.W
1 I t - l.' I $ 4,3 e .10$
1IA-:!M7 ........................ 5.2.3
lvle-lul 15.Mi.6ol
Clement Curtis' crop report makes ths
Winter wheat acreage 48.4S4.00. aa Increase
t S.SH.Oeo acres, or 14.T per cent. Weather
conditions la the Middle West, as wired
from Chicago: "Winnipeg; clear, 13; Minne
apolis, cloudy, 32; Chicago, partly cloudy,
cool; Omaha, foggy. 13. Forecast: Grain
belt generally fair and warmer tonight aad
Sunday.
Terminal receipts la cars wera reported
by ths Merchants Exchsngs as follows
Wbest.Bariey.F1our.Oats.Hay.
. 34
7
J03
23
B023
3474
23
5
2243
3124
20
27
33 53 1 21
4 6 13
53 161 5 s;
IS 23 S3 T
6S 11 SO 523 1772
120 4u3 602 K1
Ill "i
1 ... Ill T25
32 ... 161 8J6
1 2 11
1 5 ... 16
48 7W 426 1563
144 851 66 2U2D
Portland. Sat..
rear ago
T't'l this week.
Tearaso
Season to date.
rear ago.
Tacoma, Frt..
Year ago. ... ..
Season to dste.
Tear aso. .....
Seattle. Frl...
Year aso.
Season to date. S4
Year aso 2i)J
Correction baa been made on total of hay
receipta at Portland during August. Septem
ber and October; "switched" cars has been
counted twice.
FRANCE IS SOWING LARGER AREA
Wark Pushed aa Seeding af Winter Cereals;
Improvement in England.
Crop condltiona In Europe, . according to
BreomhaU's cable, are
United Kingdom Weather has favored
the gathering of ths last remnants of the
grain harvest. Conditions have shown
marked Improvement In the agricultural
situation.
France Very favorable sowing conditions
are now prevailing and growers are busy
oa the land In the liberated districts There
are complalnta of lnaufflclent labor and
scarcity of fertilisers, but work Is being
pushed as rapidly as possible and there Is
reasonable hope that a good area will be put
under Winter cereals.
Italy Seeding continues active under more
favorable weather conditions. Good prog
ress hss been made m the harvesting of
corn In the north. Arrivals of wheat have
been somewhat larger and tha supply situ
ation generally Is rather more favorable.
CONSENT NO LONGER REQUIRED
Butter Prices Msy Be Changed Without
Consulting Food Administrator.
Following its policy adopted when the
armistice wss signed of relinquishing as
rapidly aa possible without disturbing busi
ness conditions all unnecessary control
over foodstuffs, the Food Administration
announces that the butter manufacturers of
the Northwest are released, effective Satur
day, from their agreement not to raise the
price of butter without first securing the
consent of the Federal food administrators
at Oregon and Washington.
"At a meeting of the butter manufacturers
of the Northwest with the food administra
tors of Oregon and Washington on October
22." said Federal Food Administrator W. K.
Newell, "these manufacturers agreed that
they would not raise butter prices without
first consulting with the food administrators
of these two statea and securing the consent
of the Utter. This agreement, effective
Monday, December 8. la canceled and the
batter manufacturers of the Northwest are
released from the same.
BEANS ARE FIRM AND HIGHER
Buyers Offer Quarter More to Fill Govera
snent Order for 300,000 Faunas.
There was a good demsnd for Oregon
beans and prices were slightly higher, ow
ing to buying to fill the Government order
bl (ov.Utftl pound. Buyers quote 4 TfetHfc!
Eggs Advance Another Cent.
Eggs advanced another -cent yesterday,
with country candled stock, selling oa the
street at 71 null and selects readily bring
ng 73 cents. The supply of fresh Eastern ;?ne.ral J?XOTa
Cuba butter wss firm, with extras worth
61 cents. Prints were steady at tha recent
advance.
The poultry market was dull and weak.
Dressed meats were also quiet.
Bananas Higher: Citrus Fruits Lower.
Banana prices have beea raised half a
cent to keep the market In line with the
ateady rise at Oulf ports. Quotations for
lbs coming week arc S cents loose and V4
centa crated.
Citrus fruits are on a lower plana. Fancy
lemons are now down to $6.50 96.73. and
dealers believe the bottom hss been reached.
Oranges range from 63.75 for 80s to 66.26
for 176s and smaller.
Bank Clearings.
Bank clearings of Northwestern cities yes
terday were:
1.100
300
T.soo
1,1 uo
3()0
1M0
1,100
43i
1UV
27
-3714,
"47 i4
60
4SV
18
Portland
Seattle ....
Tacoma . .
Spokane
Clearings.
.65.671.154
. t,.VW,U4
. 658.633
. 1.572.14U
Balances.
61.317,987
1.2.17.664
170.413
40U.V76
Bank clearings for Portland, Seattle and
Tacoma for the past week and correspond
ing wees: in former years were:
Gt Nor Ore ctfs.
Illinois Central.
Inapir Copper. .
Int M M p(d..
inter AlcKel ...
Inter Paper . ...
K O Southern..
Kennectt Cop ..
Louis A Nash . .
Maxwell ' Motors
Mexican Petrol.
Miami Copper .. .
Missouri Pacific,
Nevada Copper.
N Y Central ... .
N Y N H A H
Norf A West . .. .
Northern Paclf.
Pacific Mall ...
Pennsylvania ..
Pittsburg Coal. . .
Ray Consol Cop. .
Readlnr
Reo Ir A Steel.
Southern Pacif.
Southern Ry . ..
Studebaker Co.,
Texas Co
T'nlon Pacific . .
U S Ind Alcohol
V 8 steel
do ptd
rtah Copper
300
3O0
' Y.&no
.10,900
700
4110
400
800
40Q
1.VU0
" 3.S00
200
07 li
'is
113 -s
32 U
31 S
2014
36
20 '4
16014
'28W
1
500 86V4
700
600
600
Western Union...
Westing Electrlo . .
500
500
S.500
3.100
S.r.na
300
300
200
. 23.600
300
900
96 "4
3.1 "4
47 Vi
84 H
102 4
31
r.2
195
1.10
100
96 K
112
78
97
81
47H
31
814
20 !4
85
139
'27H
ISTs
96
S3
47
83
75
101
31
63
lsS
129
100
95
111
78
Sale,
ot
43
&5
62
e3
'110V
6
04
110
53
65
21
161
61
67
47
WA
27
J7 5s
sa
47
67
80
483
19
151
126
97
31
94
43
113
32
31
20
36
119
29
159
24
24
19
78
36
106
96
33
47
46
84
102
3114
62
129
100
96
111
7N
88
43
the new 4"4a selling mare than 4 per cent
under their subscription price, served not
only to mske conditions In the investment
market more unsettled, but gave additional
Interest to the new Government financing.
Resumption by the Treasury Department of
offerings of certificates of Indebtedness was
accepted as .a prelude to the fifth liberty
loan to be floated In April of next year.
Spot Coffee Market Nominal.
NEW YORK. Dec, 7. Tho spot coffee
market was entirely nominal today, owing
to the scarcity and. Irregularity of offerings.
The only business reported in the cost and
freight market was a small sale of Santos
4s and 5s at 20.85c, steamer shipment.
American credits. The official cables showed
a decline of 75 rels In the Rio market. The
Santoa spot market was not quoted and
futurea were 75 rels lower to 150 rels higher.
Naval Stores.'
SAVANNAH, Ga.," Dec. 7. Turpentine,
dull, 60c; receipts, 2:s barrels; shipments
24 barrels; atock, 30,715 barrels.
Rosin, firm to nominal; sales, 348 barrels;
stpek. 69.627 bsrrels. Quote: B. D, E. F.
G snd H. firm, at 313.40: K. 815.50; M, 816'
N, 616-70; WO, $16.80; WW, $16.90. '.
Increase In Excess Reserves.
NEW YORK, Dec 7. The actual con
dition of clearing-house banks and trust
companies for the week shows that they
hold 670,016,670 reserve in excess of legal
requlremenuts. This is an increase of $6,
435,920 from last week.
191....
1917....
1916....
ll'IS....
1914....
913....
1H12....
1911....
IHIO....
19H....
1904....
1IHI7....
1906....
11KIJ....
Portland.
..$37,497,550
.. 20.554.217
.. 14.512.032
.. 10.733,i.N5
.. 10.601.294
.. 12.402.143
, . 13.192.560
.. 11.8M.3U
,. 10.6-3.010
,. .S52.96
,. ,.023.873
,. 4.413.824
,. 6.327.364
. 4.847.109
Seattle.
$41,143,241
26.391.729
17.534.443
12.137.646
1 1.847.H06
J3. 266. 129
13.1x3.023
11.967.9X4
11.154.346
14.209.439
9.619.M3
7,270.874
10,052,367
6.011.254
Tacoma.
$4. 860.926
3.646.271
2. 736. 128
2.079.216
2.212. 061
2.376.732
4.3.1 1.900
4.863.190
4.569.771
6.887.493
6.157,852
4.94 5.288
6.433.816
4,282.070
'Bid. I
BONDS. '
TJ S ref 2s rug. "98 1 Pennsylvania ,.
U ref s eou... V Pac 4s.......
V S 3s reg..7.: 83 tr S Steel 8s....
U 8 3s cou 83 ISou Pac cv 5s..
rr s Am res- t106IAnxIo French 6s
U S 4s cou..... lo iu a noeny 0 s wi.ou
Atch Gen 86'U S lib 1 con 4s 93.60
r A R G ref 5s 59:U S 1ID 2d 4S... v.i.vu
! v rn il,h Cs ion's. '17 S Mb 1 cn 4is 97.5'
Nor Pac 4s.... 84IU S lib 2 cn 4Mb 96.00
Nor Pac 8s.... 62 IU 8 110 sa 4s vn.m
Psc TAT 5s.. ,3!(J S lib 4th s 95.88
f8
89
100
103
W4
PORTLAND MARKET QUOTATIONS
Grain, Flour, Feed, Eta.
Merchants' Exchange, noon session.
Northwestern oats and barley, sacked:
Bid. Offered.
Mining Stocks at Boston.
BOSTON. Dec. 7. Closing quotations:
Dec
Bid.
.$54.00
Jan.
Bid.
61.00
52.00
57.50
57.00
ailnues 454 North Butte.
Aria Com 13 Old Dominion..
Car A Arts.... 66 Osceoola
Cal A Hecla....440 IQuincy
Centennial .... 12!.Superior
$54.50 Cop R Con Co. 45 'Sup Bos Mil;
w. Rntm f era ju w is inanuou ......
Franklin 44 KTtah Con. . . .
Islo Roy (Cop). 24 Winona ......
Lake copper... uai wolverine ,,.
I
49.00
49.60
61.00
32.73
57.00
56.00
Mohawk
64
12
84
53
65
7
3
1
. 99
t 21
Oats
No. 3 white feed
Rartev
Standard feed 49.00
Standard "A" 49.00
Eastern oats and corn in bulk:
Oats
No. X white
38-pound clipped white
Corn
No. 3 yellow
No. 3 mixed
WHEAT Government basis, $2.20 per bu.
FLOUR Family flour. 10 901LOS pet -.,,. -,.d u.,,,,, dollars, nnchanaed.
barrel: bakers'. 110 70 10.85; whole whest, " " ' '
'J 8JW10; graham. 5B9.80: barley flour, I LONDON. Dec 7. Money and discounts.
610.60013; rye Hour, sii.iovjs; corn nour. 1 unchanged.
812t 12.40; corn meai. fiivii.w; oat nour.
$11.20t114O BILLS ON HAND ABE INCREASED
sttilfUT EiCia Mill aula run w as treat, b)hs5cbj
ZrZ.'ii'LZ IS of H"" Operation, af Federal Be-
Money, Exchange, Eta.
NEW YORK. Dec I4 Mercantile paper.
nnchansed. -
Sterling, unchanged. Guilders, demand.
42; cables, 42. Francs, unchanged. Lire,
ton lota or over, $34.10: less
than tous, '633.10; rolled barley, soafsos;
rolled oats. $61t)63: ground barley, $56o0:
alfalfa meal. 40(tf44.
COKN Whole, 573077; cracked. $75978.
HAY Buying prices, L o. b. Portland;
Eaatern Oman timothy. $30933 per ton;
Valley timothy, $27 per ton; alfalfa. $27.50;
Valley grain hay, -; clover, 4-oii; straw,
$wl0.
Dairy and Country Prod oca.
serve Banks.
WASHINGTON. Dec 7. Discount opera
tions of the Federal reserve banks this week
resulted In an Increase of $45,000,000 in bills
on hand, while deposits of member banks
rose $59,000,000. The condition or the 12
banks at the closs of business last night.
howa by ths reserve board's weekly.
financial statement, wss ss xoilows;
Resources-
Gold In vault and In transit.... $ 358.208,000
422,491,000
&,!29.000
serve Board
Gold With, foreign agencies, , .. . '
Total gold held by banks.... $ 781,563,000
Gold with Federal reserve aits.. 1.207.377.000
Gold redemption fund 78.486,000
BUTTER Cubes, extras, 61 cents; prints Gold settlement fund. Federal Re-
parchment wrappers, extras, box lots, eoc;
cartons. 660; half boxes, o mora; less fbas
half boxes, le mors; buttsr-fal. No. 1. it
per pound, ststion.
EGG 3 Oregon rancu, canaieu, rots anu
cracks out. 71c; selects, 75c dosen. ,
CHEESE Tillamook, r. o. d. xiiiamooa: 1 Total gold reserves $2,067,401,000
Trinla'ts. SBc: Young Americas, 37o; Coos I T.sn.1 tender notes, silver, etc 53.966.000
and Curry County: Triplets, ten. Myrtle' I r
Point. 85e. I jotai roservss ni.',l,iv
t . .1-1 tuv ximnrn 9tA9Ai.. KnHn r, Zltct: I mils discounted
roosters, 18c; ducks. 28j3oc; turkeys, "ve, Secured by Government war ob-
27 30c; turkeys, dressed. 84c ligatlong .., , ,..,..$1,467,322,000
vci i-.,. n. r mini - Allother ... 396,362,000
371.506. 000
veal Fancy. 20c per pound.
PORb: Fancy. 20vy20c par pound.
Fruits aad Vegetables.
Locsl Jobbing quotations:
FKU ITS Oranges, navels, $3.75 0 6 25: lem
ons, 85V6.75 per box: bananas. 9W9c per Total earning assets $2,370,00,000
pound; apples, iv- per nu, pears, ew i lineal lect aa items (ueauct irom
12.2& ner box: grapes, aw per aeg; cranoer- 1 cross aeposiisr ooo.vov.uvv
ries. $505.50 per box; nucsieDerries, iiftcirive per cent reaempuua &unu
per pound.
Bills bought in open market.
Total bills on hand $2,235,190,000
TJ. S. Govt, long-term securities 29.196.000
IU. S. Govt, short-term securities 10e,60H,000
I All other earning assets....... ti.uuo
VEGETABLES Tomatoes. $3.75 pee box;
cabbage. 12 tr 2.50 per 100 lbs.; lettuce, $2.50
&3 per crate; peppers, 10c per id.;
celery, 83c till per doxen; eggplant. 15 tt
9c per pounu . articnoaea, at. 10 uosen cauu
flower, 83.23 per crate, garuc, 000 per 10.;
pumpkins, 20 per pound ; wquasn. 20 pet
nnnnri: beets. 82.23 per sack; carrots.
61.75Q2 per sack; turnips, 81. ,5 per sack.
aiminit Federal reserve bank
notes ,..,.......,.. 4.644,000
All other resources 22.440,000
Total resources $5,168,709,000
Llabi itles
fnnltal naid in ". $ 80.304.000
Surplus , 1,134,000
Government deposits iao.ooo.vun
Due to members, reserve sect.. 1,647, 83S,oo
r'nllei.tlnn items 514.512.000
POTATOES Oregon Burbanks, graded. Other deposits, including foreign
. . . , n r- , . lilt AMI
government ucuiu
$1.50f1.75; ungraded, 81-So. Yakimas,
1 .x., t -; aweets, ,e.
ONIONS Oregon, ai.iosja; vaiitornia
browns, $1.60.
Staple Grocerlea.
Local jobbing; quotations:
SUGAR Sack basia: Fruit and berry.
$9.55; beet, 89 25; extra C, $9.15; powdered
in barrels, 510.25; cubes. In barrels, $10.45,
NUTS walnuts, due: .uraxii nuts, J tfc;
filberts, 25c; slmonds, 25o3uc: peanuts, 21c
Total gross deposits $2,354,390,000
F. R. notes in actual circulation 2,o84, 523,000
C T? nn,es in circulation, net
"liability 2.7!)!,0O0
All other liabilities 55.559.000
Total liabilities $5,168,709,000
Ratio of total reserves to net deposits and
Federal reserve note liabilities combined,' 49.5
per cent.
Ratio of cold reserves to Federal reserve
SALT Half-ground. 160a, $15.90 per ton; I notes In actual circulation, after setting aside
35 per cent against pet ueposii usiuji.ies,
68 per cent.
Eos. 117.25 per ton. dairy, $26 per ton.
KICK Unbroken, iutyiic per pound.
BEANS Jobbing prices: White, 9 9
10c: colored. 7sc.
COrrto itoastea. in arums, zgsysuc
Provisions.
Locsl Jobbing quotations:
HA vs All sixes, choice. 3S03$e: stand.
ard. 8737c; skinned, none; picnic, 27c;
cottage roll. 36c
LARD Tierce oasis, stanoara pure, zstto.
compound. 23 c
BACON Fancy. DOi4tso.sc; stanoara. 41
050c: choice. 86 049c.
DKz dali snort, ciear nacas, vvyaec;
exports, 2B&31C
Mops, Wool. Mohair. Etc.
HOPS Oregon. 1918 crop, 28c per pound,
WOOL Oregon. 86071c per pound,
MOHAIR Long staple, 62c; short staple.
2c; burry, 8oc
CASCARA BARK New ana old. loo pet
pound.
TALLOW no. i. i?ftcyner pouna; no. z;
:c per pound; grease. No. 1. 10c; No. 2, 9a
per pound.
Oils.
GASOLINE Bulk. 21c; engine distillate.
bulk. 12c: kerosene, bulk, 10c; cases. 20c
LINSEED OIL Kaw. parrels. i.uj; cases
12 03: boiled, barrels. $1.95; esses. 42.05.
is tanas, evw, tssss, eA.v
STOCK TRADING LIGHT DURING WEEK
Money. Conditions Relax, but No Greater
Supply of Fund Is Apparent.
NEW YORK. Dsc 7. President Wilson's
appearance before Congress on the eve of
his depsrture for Europe, the selection of a
new Secretary of the Treasury and the dis
solution of numerous auxiliary boards ere
ated by the war engaged the attention of
the financial world thla week and gave
greater force to the new era of readjust
ment and reconstruction.
The stock market Itself barely warranted
detailed comment, trading showing almost
steady diminution, with many mixed changea.
Standard rails and industrials were Irreg
ular at best, while specaltles, notably to
baccos, shipping and oils, were tossed to
and fro by professional Interests.
Leading industrial shares were again af
fected by reports of cancellations, foreign
snd domestic, as well as Increasing doubt
regarding maintenance of existing price
schedules. Steel and copper were foremost
among the products under discussion.
Money conditions ostensiDiy relaxed on the
restoration of brokers' margin rates to 20
per cent, but In reality no greater supply
of funds wss available, tims money In fact
being scarcer thnn in fhe preceding week.
persistent weaaA31 ox uoemr. oonos, njm.
Dried Fruit at New Tork.
NEW YORK, Dec 7. Evaporated apples,
firm; state fancy, 1616c; choice, 14 "4
T16e; California, nominal. Prunes, firm.
Peaches, nominal.
Chicago Dairy Produce. -CHICAGO,
.Dec 7. Butter, unchsnged."
Kggs Receipta 2137 cases, unchanged.
Duluth Linseed Market.
DULTJTH, Dec 7. Linseed. $3.45.
BAN FRANCISCO ' PRODUCE MARKER
Prices Current an Eggs, Vegetables, Fresh
Fruits, itc., at Bay City.
SAN FRANCISCO, Dec. 7. Butter, 63 9
64 Uc
Eggs P.resh extras. Sic; fresh extra
pullets. 77c
Cheese Unquoted.
Poultry Hens. 3336c; young roosters, S3
G36c; fryers and broilers, 862142c: oleeons.
62.20; squaDs, sd.ourgi; geese. ?728c; tur
keys, live, ojgvdic; aressea, 4U45c
Vegetables Celery. 63.0OfJ4.25: squash
i. , muvvh.u, ,i.,utri,iu, egg
plant, 5SSc; peppers, bell. 75c; chili. 5U0c
lomatoes, iv,i.io; lettuce, S1.DUQP2; pots,,
toes, Salinas, 1363.75; rivers, 61.75S2.2o
('sweets. 23o: onions, Australian brown,
1 1.60 i.eo; peari, oc; garlic. 25ijr30c
cauiliiower, ot'iffioc; oeeta, sl-oldo: caul
tfl -tner, pujr75c;; beets. $1.25 1.50, carrots,
1Q1.J5; turnips, 75c610O; rhubarb, tic
, - , aunts Menus, i.M . v. , uiuk, noigc
pumpkins, 75ce$LOO; mushrooms, 20060c
Brusseus sprouts, O'aic
Fruit Lemons. $3.505; oranges, $3
85.50: bananas, 78c; plneapplea S4SS: an.
pies, Belief leur, $1.33 ft 1.73; Newtown Pip
pins, si.ou'jri.io; epitzenoergs,, 11.25 2
pears. Bartletts, $2.503; grapes, Tokays,
emperors ana veraeis, i.ou&02.2o: Dersim
mons, 50c61.50: cranberries, $3.50; quinces.
mons, auciffi.o: cranoerrias. 84.20&4.50
quinces, 90c(f$1.75; casabas, 60c 61; giytpe
fruit, 62.25&2.T5.
Receipts Flour, 2752 quarter sacks; bar
ley, 13,805 centals;' beans, 3635 sacks; po
tatoes, 11,545 sacks; onions, 417 sacks: hay.
09 tone; mues, i; wine, gallons.
NO SALES AT NORTH PORTLAND YARDS
Ten Loads Are Received, but Stock la Car
ried Over Until Monday.
No business was transacted at the stock
yards on the closing day ot tha week. Ten
loads were received but they were carried
over for Monday's business. The arrivals
were 73 cattle, i calves, 6(19 hogs and 40
sheep. The tone of the market was re
ported steady In the absence of sales.
Prices current at the local yards are as
follows:
Cattle
Prime steers .............
Good to ohoioe stars
Medium to good steers. .... ...
Fair to good steers
Common, to fair steers
Choice co-a-s and heifers
Fair to medium cows, heifers..
Canners
CHICAGO JIAKKET IS OFF 2 J4
CENTS AT END OF WEES.
..$11.501912.00
.. 10.5,0011.50
.. 9.50010.50
.. 8.00 6.00
.. 5. 50 a 7.50
7.750 8.00
6.00 i 6.00
S.00 4.00
6.00 7.00
9. 00 & 12. 00
18.7517.00
16.50016.85
14.60014.85
14.00015.00
12.0013.00
8.001911.00
10.00 11.00
9.0010.00
6.000 S.00
ORIGINS OF LIVESTOCK LOADED
Shipments to the Leading Markets of tha
Pacific Kortuvest.
Bulls
Calves
- Hogs
Prime mixed
Medium mixed
Rough heavies
Pigs
Sheep ..
Prime iambs
Fair to medium lambs
Yearlings
Weathers
Ewes
ber 6, 1918:
Cattle Horses Mxd.
calves Hogs Sheep mules stock.
For Portland
Idaho 4 .... .... .... ....
Oregon 6 5 2 .... 2
Washington ... 1 1 ....
Totals H -6 2 2
One week ago.. 8 5 .., '. . ..."
Four w'ks sgo. 16 11 12 4
One year ago. 12 3 .... . .., 1
For Seattle
California ..... 20
Idaho 4 9
Oregon 1 3 1
Totals 23 12 1 .... ....
One week ago.. 22 12 8
Four w'ks ago. 32 6 2 .... ....
One year ago. .... .... .... ....
For Spokane
South Dakota 1 .... .... ....
Washington ... 6 '
Totals 6 1
One week ago.. 3 4 .... .... 1
Four w'ks ago. 2 4 3
One year ago. 6 5 .... 3 3
Arrival of Five Hundred Cars Mon
day Predicted; Removal of War
Time Curbs Also Is Factor.
CHICAGO, Dec 7. Bears had things much
their own way in the corn market today,
owing chiefly to expected big receipts on
Monday and to the loosening of some ol
the war time curbs on trading. Prices,
although steady at the finish, were 1 to
2 cents net lower with January 81.28 0
1.28. and February $1.2801.28. Oats
cloaed a half-cent to 1 cent down and
provisions off 7 cents to $1.
Liquidation, stop-loss selling, bear pres
sure and apparent lack of buying power all
contributed to the weakness shown in the
corn market. Even tho usual week-end ad
justment of trades brought about no im
portant rallies. There were predictions
that receipts her Monday would, total 500
cars. -
Qats descended with corn. On the de
cline, howover. there was fair buying, said
to be against Omaha and Minneapolis ship
ping sales to the seaboard.
Scattered selling was sutiicient 10 maq
provisions reflect the down turns of grain
and hogs. May deliveries bore the brunt
of tho pressume.
Ten per cent increase or tne numoer 01
hoes In the United States, together wltn
an announcement that the January average
price of hogs would bo up to tneapecemoe,
level have forced advances- this week In
the corn market. Food Administration esti
mates as to the need of Immense supplies
fnp Kn,ni.'hiiil sMven the market an up-
ward expansion of tho hog raising Industry.
Authoritative figures, however, on the in
iiim nf the number of hogs in excess of
tha total a year ago were taxen 10 m"'
that n nrd nroauction ot tum au wsm
more thau. counterbalanced and this view
was sharply emphasized by the subsequent
fixing of the January average hog prices
at $17.50. Nevertheless, later in tne wee-
prices to some extent -weaaeneu, u.juis w
.irn, that the crop movement waa soon
tn atnanH
Leading futures ranged as follows
CORN.
Open. . High. - Low.
Jan 61.80 $1.30 1.27
Feb 1.29 1.29 1.27
OATS.
Close.
$1-28
1.28
Jan.
Feb.
Jan.
May
11
.71'4
.71
.72
.71
MESS PORK.
48.15 48.00
...43.00
.71
.71
43 J3
45.00
Jan.
May
Jan,
May
LARD.
...J6.15 2S.20 2?.13 26.15
...25.45 23.45 25.2a 25.27
A SHORT RIBS.
..'.25 60 ' 25.62 25.52 23.55
" 124.80 24.S0 21.00 24.62
Cash prices were:
Corn No. 2 yellow, $1.50: No. 3 yellow.
$1.45: No. 4 yellow. $1.37 1.40 .
V . 1.1. PT9MT1.- a.anart 73 tfi
tiats no. o wjuilo, ,o-a-
(r74C
Rye No. 2. $1.621.63.
Barley 90c 6 $ 1.03.
Timothy $811.
Cipver Nominal.
Pork Nominal.
Lard $26.15.
Ribs Nominal.
Minneapolis Grain Market."
MINNEAPOLIS. Dec 7. Barley, 86 93c.
Flax, $3.45 03.47.
A Grain at San Francisco.
SAN FRANCISCO, Dec. 7. Flour, $11.45
per barrel. ,
' firm In Whft, f drtvemment nrlc. 82.29 pet
bushel; barley, $2.159 2.20; oats, white feed.
nominal; corn, uaiuomta yeiiow,
Hay Wheat and wheat and oat, $2uffl37.
tame oat, $24 0 26: barley, siaw-st; al
falfa, $17021; barley, straw, 50 0 80c
Meals AliaiTa, 3io; cocoanui, aoiptu..
DAILY METEOROLOGICAL REPORT.
PORTLAND. Dec. 7. Maximum tempera
ture, 45 degrees; minimum temperature, 3o
degrees. River reading. 8 A. M., 3.5 feet;
change In last 24 hours, 0.5 foot. Total
rainfall f5 P. M. to 5 P. M.l, none; total
rainfall since Sept. 1, 1918, 10.38 inches
normal rainfall since Sept. 1, 13.66 inches
rifioiencv of rainfall since Sept. 1, 1918,
a h inchea. Sunrise. 7:40 A. M.; sunse'
4:26 P. M. Total sunshine, none; possible
sunshine. 8 hours. 46 minutes. Moonrlse,
10:82 A. M.; moanset, 0:4a r. ju. rjaromeior
reduced sea evell P. M.,- z.ia incnes.
Relative humidity at noon, 88 per cent.
. THB WEATHER.
Government and Municipal Bonds
Rate Maturity Trice TIli
10.908 City of Salem. Ore., Imp 6 M&N 1926-28 105.39 5.125
8,000 Port of Astoria, Oregon 5,J&J 1928 100.00 6.00
85.000 'Port of Toledo, Oregon 5 J&D 1920-29 99.00 6.25
3,000 'Port of Toledo, Oregon "... 5 J&J 1922 99.00 6.25
1,000 Port of Newport, Oregon 6 J&J 1928 99.00 6.12?
600 TBandon, Oregon, Funding.......... 6 Nov 1935 To Net 6.40
500 tCity of Marshfield, Ore 6 J&D 1923 103.24 6.25
2.000 Corvallis. Ore., Imp 6 J&J 1925 " el05.09 6.125
1,600 fAstoria, Ore., Imp. Ser. No. 13, 14, 15 6 F&A 1920 To Net 6.00
3,000 t " " " " " 6 F&A 1921 To Net 6.00
i 3,600 t " " ' " " " 6 F&A 1922 To Net 6.10
2,500 t " " " " " 6 F&A 1923 To Net 6.10
1,000 t " " " "-"-. F&A 1924 To Net 6.15
1.000 t ' ' " " "6 F&A 1925 To Net 6.15
2,600 t " " " "6 F&A 1926 To Net 6.20
2,600 t " " " " "6 F&A 1927 To Net 6.20
2,000 t " " "6 F&A 1930 To Net 6.25
600 t " " " " "6 F&A 1931 To Net 6.25
1,500 t " " "6 F&A 1932 To Net 6.25
1,600 t " " " ' " 6 F&A 1934 To Net 6.30
1,000 t .. .. "6 F&A 1935 To Net 6.30
600 t " ' - " " " 6 F&A 1936 To Net 5.35
600 t " " " " 6 F&A 1937 To Net 6.35
648t " " " " " 6 F&A 1938 To Net 5.35
19,000 City of Bend, Ore., Fire Equip 6 W&S 1923-33 To Net 6.25
111,000 'City of Warrenton. Ore., Municipal 6 M&N 1928-38 100.00 6.00
19,000 'Gooding Co., Ida., High, and Bridge 6 J&J 1927-35 102.87 6.50
1,000 tCoeur d'Alene, Idaho, Refdg 6 J&J 1925 To Net 5.25
2,000 t " " " " 6 J&J 1926 To Net 5.25
. 22.000 Clty of Toronto) Ont 5 J&D 1921 97.71 6.00
3,000 " " " 5 J&D 1923 96.88 6.00
4,000 'City of Toronto, Ont 6 J&J 1921 97.29 6.00
10,000 'City of Edmonton, Prov. of Alberta 6 M&S 1919 100.00 6.00
35,200 UCity of Montreal, Prov. of Quebec. 6 M&N 1923 100.00 6.00
800 ICity of Montreal, Prov. of Quebec. . 6 J&D 1D22 100.00 6.00
38,000 'Greater Winnipeg Water 6 J&J 1921 96.69 6.60
16,0OOHGreatr Winnipeg Water 6 F&A 1923 98.00 6.50
8,908 'City of Prince George.. 6 J&D 1921 97.S3 7.00
United States Government
Liberty Loan Bonds
If yon most SELL your Liberty Honda, SELL to US. If you. enn BUT
more Liberty Bonds, BUY from US. We buy and sell
Liberty Bonds at the Market
The closing prices of LIBERTY BONDS on the New Tork Stock Exchange)
for week ended Saturday, December 7, were as follows:
First First Second Third Fourth
33 4s 4s- 48 4s 4iis 4H
Monday 98.90 95.70 94.36 97.70 96.76 96.88 96.64
Tuesday 98.98 95.10 94.00 97.74 96.50 96.54 96.60
Wednesday 98.72 94.80 93.90 97.54 96.12 96.04 96.20
Thursday 98.50 94.30 93.70 97.74 96.16 96.04 96.04
Frfday 97.60 94.00 93.64 97.60 95.96 96.04 95.98
Saturday 97.40 93.60 93.90 97.50 96.00 96.04 95.88
Denotes fractional bond.
t Denotes bonds of $500 denomination.
'Denotes bonds of $1000 denomination.
(Denotes bonds of $100, $500 and $1000 denomination.
MORRIS BROTHERS, Inc.
The Premier Municipal Bond House of Oregon
qOMU STARK, BETWEEN TH AND 6TH (GROUND FLOOR)
Telephone Brpadway 21S1 Established Over 23 Years
brought by Crystal against Holsman Is
now pending In th Circuit Court.
UMATILLA PLANS WORK
Highway From Pendleton to Mor
row County to Be Built.
PKNni.FTOM. Or.. Dee. 7. (Special.)
The road-building project that will
receive the first attention of the Uma
tilla County Court this year Is that
stretch of the highway from Pendleton
to the Morrow County line. The coun
ty has done some work on that road
during the Fall, repairing, grading and;
graveling some of the worst parti of
it. .
Fifty thousand dollars or more will
be appropriated for this work in co
operation with the State Highway Cora-mission.
fTATIONS,
Wlndl
Chicago Livestock Market.
CHICAGO. Dec. 7. Hosts RecelDts 32.000.
left over .from yesterday, 87,168;' market
slow; ' trading confined largely to good
hops; such selling steady to 10c lower;
light and packing grades neglectsd. " Big
supply of hogs going over in first hands;
tnousanas witnout Olds, Killing facilities
being overtaxed; pigs and underweights un
evenly lower. Butcher $17.4017.75; light
816.851? 17.60; packing $16.75i 17.8.1; throw
outs 61o.7516.50; pigs 814.0015.25.
tattle Kecelpls 6000. compared with a
week ago. beef steers 25 to 60 cents higher.
Butcher stock up 50 to 75 cents; bulls 2o to
50 cents higher; calves steady; desirable
feeders strong to 25 cents higher; others
steady.
Sheep Receipts 3000. Compared with a
week ago, fat lambs 15 to 25 cents higher;
yearlings mostly 125 cents higher; wethers
25 to 50 cents up; ewes strong to 25 cents
higher; feeders steady.
- Omaha Livestock Market
OMAHA, Dec. 7. Hogs Receipts 6700.
steady. Heavy. $16.7517.40; mixed.
817.lci17.30; light. 81717.45; pigs.
810.0018.25; bulk of sales, f 17.0017.40.
Cattle Receipts 400. steady. Native
teers, $10.50Cfll8.50; cows and heifers.
86.0012.00; Western steers, 89.0016.50;
Texas steers, 88.OO12.00; cows and heifers.
ISSl ll.oo; canners, I4.OOWB.00: stockers and
feeders, JB-OOa 13.00; calves, 87.5013.S0.
Sheep Receipts 240Q, steady. Culls
$4. 50 ft 7. 50; weathers, $9.5010.60: ewis,
87.609.00; lambs, J13.60&15.1S; feeder
lambs, 610.0014.15; yearlings, 610.50 11.60.
Seattle Livestock Market.
SEATTLE, Dec. 7. Hogs Jtecelpts 208-,
market dull. Prime lights, 617.0017.23
medium to choice, 61.7of 17.00; medium ti
heavy, IU. ifi 1 .-';; rough heavies, X14.73
15.2u; pigs, 614. 751(5. ;;;.
uattie Keceipts as; market dull. Best
steers, 811.0013.00; medium to choice,
810.5011.00; medium to good, JS.00S8.50.
medium, 87.00 7.50; bulls, $5.O07.50,
alves,. 85.0010.00.
Baker
Koise
Boston ......
Calgar- ......
Chicago
Denver
Des JJqines....
Eureka
Galveston
Helena
uneaut
Kansas City..
Angeles. .
Marshfield ...
Medford
Minneapolis ..
New Orleans..
i.ew lorii i
North Head...
North Yakima
Phoenix
Pocatello ..
Portland . .
Roseburg . .
Sacramento
t. Louis . .
alt Lake..,
San Diego. .
San Francisco
Seattle
Sltka
Spokane ...
Tacoma ....
Tatoosh Island
Valdezt
Walla Walla..
Washington .
Winnipeg . . .
26:
30
14
26:
33
881
80
40
62j
40;
'42
50
30
81
30
54
42
3:
5ti!
421
40
40
44
42
40
54
48;
42
88
88
48
38j
30
12
Stats ot
Waathsr.
I 44 0. 0(1 .. W
4'00U . . W
2810.01) .. W
I 52i0.00 . . NW
5010.00110 NW
5(1 0.0(1 . . S
1 64 0.00 . .;SW
I B2 0.00 . . NE
70j0.00 . . SB
50.0.00 . . SW
SfliO.SO . . SB
B4:0.0010iSV
64'1.44l. .INK
I 64l0.00..
38O.00. ,NW
J81O.OO .. SW
iBiO.OI) . .S
40;0.0012iSW
480.00j. .IU
4010.00 ..SW
72:0.08 .. NW
5410.00 . . W
44:0.00 ..SB I
48(0.00 . .NW
500.70 . . SB
62O.00 12ISW
52 0.0(1 5(1: E
60:0.24 12 S
660.02 . . W
50,0.00 .. S
421
4810.00 . . N
4810.00 .. NW
4810.02 . . SE
34
48(0.00 .. S
4010.00 . . S
40;0.00il4 SW
Clear
Pt. cloudy
Cloudy
Ciear
Clear
Ft. cloudy
Pt. cloudy
Clear
Cloudy
IClear
Cloudy
pt. cloudy
Cloudy
Clear
Cloudy
Clear
Pt. cloudy
Cloudy
Clear
Pt. cloudy
Rain
Cloudy
Cloudy
IClear
Rain
Cloudy
Cloudy
Pt. cloudy
Cloudy
Pt. cloudy
Cloudy
Pt. cloudy
Cloudy
Cloudy '
Cloudy
Pt. cloudy
t A. il. today,
ing day.
f. II. report of preced
FORECASTS,
and .vicinity Rain;
southerly
Portland
winds.
Oregon and Wasb'nston Rain; moderate
southerly winds. '
Idaho Probably rain or snow.
EDWARD L. WELLS, Meteorologist.
t-T
Isadora Holsman Convicted.
Isadore Holsman, wholesale jeweler,
was found guilty of an assault on
Ofioree Crystal, by tho verdict of
jury In Circuit Judge Gantenbein's
court yesterday. He will be sentenced
Tuesday morning. The alleged assault
occurred at the Benson Hotel last July
when the two men had business dif
ferences. A personal injury suit
BAKER SHOWS RESOURCES
Funds, Totaling $162,Q23.47, Are
Turned Over to Mayor.
BAKER, Or Dec. 7. (Special.)
That Baker is in sound financial con
dition was shown today, when ex-Mayor
Palmer turned over to the new Mayor,
W. W. Gardner, the funds of tha city.
The transaction showed the following
funds in the city treasury:
Six per cent improvement bonds..! 57,127.18
Five per cent water bonds 50,420.36
Five per cent electric plant bonds 9,000.00
United States liberty bonds 14,000.00
War stamps 1.000.00
Cash 30,409.93
Total
..6162,023.47
OVERBECK &
COOKE GO.
Brokers, Stocks, Bonds, Cottaa.
Grain, Etc
tl6-tl7 BOARD i)f TRADE BLD&
H EMBERS CHICAGO BOARD Ot
XBAUJ2.
' MEMBERS
Correspondents of Logan ft Bryaa,
Chicago aad Kes Tork.
New York Stock Exchange
Chicago Stock Exchange
Boston Stock Exchange
Chicago Board of Trade -New
York Cotton Exchange
Kew Orleans Cotton Exchsngs
Mew York Coffee Exchange
New Xork Produce Exchange
Liverpool Cotton Asa's
1
iswwiiiim ssiiiinusiiaIWiuiiiliiiH
IIIIIIIMIIIIIIIIIII!HMIIIIUIIIIIH'lIHIIMIIMnilMlllllil
miHIIIIIIIHHIIIIIHIIIIIHHWHIHIHIIHIMIimilHIIIll
! U4)HMiniMIIIilllllll(lllinillllMUIIMIIItln4IMIIIIIItllllllMIMMIMHHMMHllllllMtl HIMII HIIIIH HMIMIHIMMMly tr- f
,-j.r ."" .mm iniiiim mil iHymnnitiiirs,
LLAKi, iLINL'ALL o LU.
GOVERNMENT. MUNICIPAL AND CORPORATION BONDS
SCC0N0 FLOOR NORTHWESTERN BANK BUILDING
PORTLAND. OREGON.
j)v We Own and Offer for Investment
$150,000
STATE OF IDAHO
412
HIGHWAY GOLD BONDS
Dated January 1, 1917 Due January 1, 1937
Optional January 1, 1927
LEGAL FOR POSTAL SAVINGS AT PAR
Denonjination $500 '
LEGALITY APPROVED BY
MESSRS. TEAL, MINOR & WINFREE
FINANCIAL STATEMENT
Actual Value festimated), 1917. . . .$1,000,000,000.00
Assessed Value, 1917 446,000,000.00
Total Bonded Debt 2,818,000.00
Ratio of debt to assessed value less than 6ixty-four
one-hundredths of one per cent.
Population
1910 census, 325,594. 1917 estimate, 420,000,
PRICE 101 AND INTEREST
Yielding 4,35 q Optional Date, 4 thereafter.
Descriptive circular mailed on request.
&
DECEMBER OFFERINGS
MUNICIPALS
Portland, Oregon, New Improvement 6'a
Pendleton, Oregon, Improvement 6's
Corvallis, Oregon, Improvement 6's
Rainier, Oregon, Improvement, (Sewer) 6's
Port of Nehalem, Oregon, Harbor Improvement 6's
Port of Umpqua, Oregon, Harbor Improvement 5's
Port of Suislaw, Oregon, Harbor Improvement 5's
Corvallis, Oregon, Funding.., 5's
Umatilla County, Oregon, School District No. 38 6's
Umatilla County, Oregon, School District No. 45 6's
Beaverhead County, Montana, School District No. 13 6's
Beaverhead County, Montana, School District No. 32 6's
INDUSTRIALS
TRAVELERS GUIDE.
AUSTRALIA
Honolulu. Suva, Now Zealand
UXJlDliH AUSTRALASIAN ROYAL MAIL LINE
The city owns Its own water system u-Mt- neJe1,st"eq1",pP,,!j i?taHeTE
and liBht plant and is paying US DOUd- .ri.ird St. Portland, or- General
ed indebtedness, - 1 A eat. lit bttmQu th itutkHi. It, fi
American Thread Company 6's
Bethlehem Steel Corporation 7's
American Tobacco Company 7's
Liggett & Myers Tobacco Company G's
Moline Plow Company 7's
Jacob Dold Packing Company 7's
U. S. GOVERNMENT BONDS (All Issues) AT MARKET
F. 1. Devereaux R(5m pany
87 SIXTH STREET BROADWAY 1012
Ground Floor Wells-largo Building