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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (July 20, 1919)
THE SUNDAY OREGONIAN, rORTLAXD, JUX.Y 20, 1919. " 21 imgoi prims will NOT SELL CHEAPER Market Will Not Be Affected by Low California Price. LARGE SIZES IN THIS STATE Northwest Growers Have Readied Point AVhere They Do Not Have to Look to California as Guide. week up to Friday ware 6S4 ease lew than In the same period of the preceding week- Bank Clearing. Bank clearing; of the northwestern cities yesterday were as follows: Clearing, naiancea. Portland - t3.7X5,3i3 $ 595.9..T Seattle 6.1W3.323 l.l.-.2.f..-,0 Tacoma 6C6.SH sb-j.buv Spokane 1.675.S14 411. 21 Clearings of Portland. Seattle and Tacoma for the past week; and corresponding week in former years: mm. 1S18. 1917. 11S. mis. 1914. 1913. 1912. 1911. 1910. 1!0S. J907. 1905. Portland. .131.221.068 . 5.022,0.10 . 14.5(2.:J2 . 10.4S2.70fl . 8.7:;i.n7 . 9.662,&:8 . 9.741.304 . 8.420.C72 . 843.440 . X.445.3!7 . 4.922.145 . 7.01S.151 . 5. ."37. SOS 3.403.1O9 Seattle. 140,527.183 41.577.459 21,795.019 14.232.644 11.52,999 11.08H.478 11.238.119 10.776.29 0.757.543 fi. 975.010 7.t;7.0tjS 8.949.579 . 107.245 6.832.252 Tacoma J4.Sfi5.0S2 5,o;;2,533 2.752.0M3 2.2i9.J l.SU5.S4!l 2.012.907 2.424.492 S.S13.277 4. 072. COS 0.0S3.391 4.07S.1.M 4.704.3A1 3.85S.O-0 3,Ub.9b8 ALL CLASSES ARE STEADY AVEEK CXOSES QUIETLY I.OCAIi STOCKYARDS. AT Sheep and Hog Prices Are Easily Maintained Cattle Hold to Old Quotations. -&. Golldflrf, demand. 7 'i ; cables 87. L.r-. demand a.Sr-; cables 8 &3. Bur silver fl.OH- Mexican dollars 2c Seattle Feed and IToor. SEATTLE. July 19. City delivery: Fed Mill. $40 per ton: scratch feed, $M ; feed wheat. $80; all -grain chop, 967 ; oats, S85: sprouting- oats, 7J; rolled oats, 167; rolled barley, I6S; clipped barley, 973; alfalfa meal. 937. Hay Eastern Washington timothy, mixed, $353 36; double compressed. 4i 41; al falfa, . Vegetable OU Demand IleaTy. SEATTLE. July 19. Fully 4'0 Cars of vegetable oils, or more than S.OOo.OtM) gallons. u,, Ul i-ecnea yru- i to thf) east this month. emphasising th marvelous growth tn the port's oil industry. Owing to the heavy demand for oils In the east, there Is little oil kept In storaica here. July's Import supply having been sold be fore It left the orient. PORTLAND MARKET QUOTATIONS Grain. Flowr, Feed, Ee. Merchant' Exchange, noon session. The action of the California prune grow ers In naming- the prices reported was cer tainly a great surprise to the prune In terests of the northwest' eaid C. L. Dick yesterday, "and It means a heavy loss to the growers of California, amounting to from 4 to 6 cents per pound. If we in Oregon and Washington produced anything but large sized fruit, it would be necessary to drop our price to a level of theirs, but fortu nately our section produces large sizes and our fruit is so well known now that we can sell every pound and will not reduce our price. TSTaturally, California would like to force or values down to their ideas, as they now realize that they must try to control our crop if possible and have used every scheme to do so, even to making claim to an over production, -which is ridiculous in view of the fact that there is no nursery stock avail able now and It requires three years at least to grow suitable plantings and seven years to bring them into bearing, making 10 years before the present acreage can be increased to any great extent. "The Oregon and Washington grower has at last reached a point where he does not have to look to California as a guide and wlthincreasing competition in the packing industry, can always receive the highest market price and turn his crop into cash. The low prices made by the California Prune Sc Apricot association do not bene rit any one but the eastern jobber, who is now reselling his purchases at an enorm ous profit- resales being made at as high as to o cents tier bound, wirh thn rr-r.tx-.. - the loser, because he has lost control of his fruit by being a member of the association." PATENT FLOIB PRICKS ARK RAISED Advance Is Dae to Increased Cost of Sacks. Grain Is Firm. The week closed firm In the grain mar ket. Sacked oats bids wer. advanced $1 ' at the Merchant's Exchange and bulk white oats were up 50 cents. Otfer3 for corn were raised Suc'jx f 1. Patent flour prices have been advanced t 'j ?1 1.3 delivered and 11.45 at mill to cover the increased cost of sacks. No change was mad in bakers' flour prices, as prac tically the entire stack has been sold. It will be about a month before new-crop flour is ready for market. It is expected to sell about SO cents uudr the cost of old flour. M'eather conditions in the middle west, us wired from Chicago: "Illinois, clear, fine, 75 to 78; Nebraska, clear, 73; Missouri generally clear, ti5 to 74; Iowa and Kansas, clear, fine; northwestern Minnesota, clear, fine. Forecast Canadian northwest weath er map, generally cloudy; grain belt. Illi nois, Minneapolis. North and South Dakotas, fair tonight and probably Sunday, not much change in temperatures; Missouri, Iowa, Nebraska, part cloudy tonight, somewhat unsettled, not much change in tempera tures; Kansas, unsettled, probably thunder showers tonight, Sunday not much change In temperatures." According to latest cable advices prospects point to further deterioration In the new Argentine corn crop. Rainfall during the past fortnight has been extensive and floods have caused material damage in many sections. It Is said 50 per cent of the corn crop will be unfit for shipment. It might In fact bring the Argentine markets more on a parity with the United States, and it would not be surprising to see come foreign Inquiries in America if prices in America should react somewhat. Terminal receipts, in ears, were reported by the Merchants' Exchange as follows: " Portland "W'heat.Barley.Flour.Oats. Hay. Saturday Year ago ..... Season to date. Year ago Tacoma Friday . Year ago Pcason to date. Year ago ..... Seattle Friday Year ago Feason to date. Year ago GROCERY BUSINESS NEVER BETTER Bid July Aug. Sept. .57.00 57.00 57.00 61.00 61.51 61.50 .t;2.Ti0 G2.50 6-..5Q bulk: .53.00 55.00 55.00 .36.00 56.00 50.00 .74.00 73.50 73.50 .73.00 72.50 72.50 basis, $2.20 per Oats .. No. '2 white feed Barley Standard feed .......... Standard "A" Eastern oats and corn Oats No. 3 white oS-Ib. clipped white Corn No. 3 yellow No. 3 mixed YVH EAT Government buxhel. ' FLOUR Patents. S11.60& 11.6ft delivered; $11.45 at mill: bakers, $1 1.1 5 & 1 1.30; whole wheat. $10.i'51rt.40; graham. $10.05910.20. MILLFEED Mill run. I. O. u. mm, car loU, :ri(40 per ton; mixed cars, 940.50; ton lots or over, $41.50; less than ton. 942; rolled barley, $63; rolled oatd. $59; ground barley. $63; Fcratch feed, S79. CORN Whole, ton, $v; cracKea, ti per ton. HAT Buying prices, f. o. b. Portland: Alfalfa, new crop. $24.50 & 25; Eastern Ore gon timothy, nominal. Dairy and Country Produce. BUTTER Cubes. 92-score, 53c: 91-sre. 52c; 0-score, 52c; print's. parchT.ent wrappers, boi lot3. 57c; cartons. 5Sc; half boxes, '-c more: less than half boxes, lo more: butterfat. No. 1, 56&57c per pound. CHEESE Tillamook, f. o. b. Tillamook: Triplets. 34c; Young Americas, 35c; Coos and Curry, f. o. b. Myrtle Point, triplets. 33 c; Youn? Americas, 3414c; longhorns, 84 He. EGGS Oretron ranch, case count, 40 47c; candled, 49'goUc; selects, 62c; Oregon Foul try association selects to retailers, 52c; association pullets, 49c POULTRY Hens. 26"g2Sc: broilers. 229 30c; geese, ducks and turkeys, nominal. VEAL Fancy, 25c per pound. PORK Fancy, 28c per pound. yesterday and trading was light. The market closed In a healthy condition, with prices well maintained in all lines Receipts were 18S hogs and 255 sheep The davs sales were as follows: TTfft tt- I xr Te I "vaj Store. 57 hows 27 $22.oK24 lambs 67 $13.00 SAVANNAH. Ga., July 19. Turpentine 27 buKS ....2.15 20.0' 2 lajnbs 70 j:i.on firm, 91-16. Sales. 47; receipts, 1&4; ship- 1 ttoK !' -n...i & year I. ( menu, ' w. nogs . . ..lot ..vui x yean. . . iu o.uu Prices at the yards wen as follows; Good to choice steers 9.50011.00 Medium to choice steers 8.50 9.0O Fair lo good steers 7759 Common to fair steers. Good to choice cows, heifers.... Medium to good cows, heifers.. Cancers Bulls Calves tockers and feeders air to medium cows, heifers... HOKI Prime mixed ......... Medium mixed ....... Rough heavies ..... . Figs sneep Prime lambs air to medium lambs. earlinss ............ Wethers Ewes 8 3 1 12 5 .... 2 .... 3 14 2S 57 5 25 33 9 43 43 113 ' .. . . . . . 1 26 i4 I"! ""17 "26 3 6 11 2 11 1 .... 9 3 .... 5 14 22 14 1M 1 3 73 45 13 Recent Heavy Advances Limited to Com paratively Few Lines. The retail grocery business has never been better in this section than at the present time. Consumers are buying liberally and have the money to meet all their oblisa tioins promptly. Owing to the heavy ad vances in some lines of merchandise the retailer is now replenishing his stock and buying with more confidence, and tho de mands on the jobber are therefore very great. Wadhams & Co. say In their trade report. The heavy advances in prices have been limited to a comparatively few lines of staples, viz: Cooking fats and oils, soaps, coffee, milk, canned fruits and dried fruits but the continued advances of these Items have stiffened the entire market. These advances are all caused by an enormous de mand from the war-torn countries of Europe, ! whose people have been deprived of thes j articles for so lor p. CANTALOUPES ARE IN OVERSUFFLY Toor Mock Is Offered at Bayers Prices; Peachr Steady. The cantaloupe market was more or less rle moralized yesterday and prices were quoted at a wide range. Five cars arrived on top of the lit-avy receipts of Friday. The markt-t was piuttod with poor quality Im perial valUy i-tock, which moved at buyers' privc. Several cars of Tur'.ocks were un opened on track. The situation may not clear before the middle of the week. Six i-arsj wer shipped f:"om Turlock for Port land on Friday. Peach receipts Included 100 boxes from Oregon and 32 from California. Oregon Al exanders sold at tioc (g $1.20, and California freestones at $1.2."i'i 1 . :.". Fruits and Vegetables. FRUITS Oranees. 95.256.73 : lemons. 17 ai 8.50 box: bananas. Wri U'c per pound. apples, $;;.5o 'd 4.25 pt-r box; grapefruit, $5.50 h U: cherries. 8 "3 1 2c per pound; canta loupes, $1.25y 4.5o per crate; apricots, $2 2.25 per box: peaches, 60c 1.35 per box: wa termlons. ai3'c per lb.: plums, $1.50 2.7; per box: raspberries. $3. 75 4 per crate. loganberries,. $2.i5 per crate; grapes, $4P 4 ner bov: uears. il.To .'io. VEGETABLES Cabbage. $3.00 per 100 pounds; lettuce. ?2.25 per crate; pep pers. $1.50 prr box: beets, $:i?3.50 per sack cucumbers. 91 ii 1.50 per dozen ; tomatoes. 91.251.50 per box; peas. 7f'lOc per pound hubaru, be per pound; Deans, 3j.'jc. POTATOES Ore Ron Burbanks. nominal new California, o'ix;;c per pouna. ONIONS Valla Walla, iic per pouna; wi If ornia yellow, 5 fr 5 c per pound. Staple Groceries. Local Jobbing quotations: SUGAR Sack basis. Fruit or berry, 93.65 heet. $.55: Honolulu cane. SO.bO; extra f.13; powdered, in barrels, $10.25; cubes in barrels. $i0.45. NUTS walnuts. ZTWSoc: tsrazu nuis. c filberts. 2!ic; almonds, 24 30c; peanuts, 11 'h. 15 c. SALT Half-ground. 100s. $1B per ion fs. 911:23 oer ton: dairy. $25 per ton. HICE Blue rose, 10c; head. 12c; broken Tm.an Sr. r01ind BEANS Buying price, medium wniie, as 3 He per pound. COFFEE IriOl.stea, in arums, 00 uuw Hops, Mohair. Etc. HOPS Oregon, 1919, 47 'ic; 1917 crop. 33 Pi:;7c: 1016 crop, soc; ltfij crop, juv-oc contracts. 50c; three-year contracts, jii- in.- WOOL eastern urcgon ana usiungiuii. 40 '157c per pound; valley, 40 u 00c per pound. TALLOW No. 1. 13c per pound; No. 2, I-.,, nor MonnH - crease. 7-(110c per pound t - S A K A HAK.lv .ew, i-t puuiiu. GRAIN BAGS In carlots, 12H-ffl3c. Provision?. T.Ai-al 1nhblnr Quotations! HAMS All sizes, choice 43-7r44Ue: ,ana ard. A'l fit 43 VjC ; skinned, ojtfoOc; picnic, tn'Mr: mttaee roll. .toe. L.A KU j- lerce uusu, out-, win oui L RY SALT snort, ciear ducks, ov j- oji; ntatea. 27Gj2Sc: exports, 31c. BACON Fancy, 00 'a ioc ; stanuaru, to -jj 49c; choice, 39 5x43c. Oils. LINSEED OIL Raw, barrels. 92.32: raw. cases, $2.42; ooiieu, Darreis, -.,j; uoueu, cases. $2.44. TURPENTINE: Tanks, J1.2I; caaes, $1.31. GASOLINE Iron barrels, 2:;Vfec; tank wagon. L'-hc; cases. S4e : engine uistiuate. iron barrels, Joe; tan wagon, joc; cases. coal oil, iron barrels, lS'.iSjiuc; tanK wagon, 13V&C, cases, l'4;tlc. Hides, Felts, Etc. HIDES Salt-cured hides. 30 lbs. and up. 32c ; green hides. 30 Ibn. and up, 25c ; salt curetl bull hides. 24c; green bull hid-s. 17c: kip skins, from 15 to 30 lbs., 40c; trimmed calf skins, 73c; flint dry hides, 40c; flint dry calf fckins, 75c, dry horse hides, 9 1.50 g 4 each; salted horse hides, with heads on, $5 fg s each. PELTS Shearlings, 25c; dry wool pelts, 30c; green lamb pelts. $1.502 eacH. SAN FRANCISCO PRODUCE MARKET 7.00 -a 7. so 7.50 'i 9.00 6.50 t 9.Utt $ 0O 4 00 1.04I14.IM 7.00 -10.00 4.50 0 5.50 21.50 S 52.25 i0 50if 21.00 19.73 W20.25 lS.75dltf.75 31.501113 00 9.00 f lO.OO 6 OO J 8 60 Oi 7.50 6.00 7.50 CnJcago Elvestock Mmrkei. CHICAGO. July 19. Hogs Receipts, 8000: steady to 25c higher than yesterday's gen eral trade. Heavy weight. 20.t5 22.35; medium weight. $20.65 & 22.50; light weight. :o.6ar li'j.ao; light light. o.aer-'i. is; heavy packing sows, smooth, $19.75 20.60; packing sows rough, $18.50 19.50; pigs. Cattle Receipts, 700: compared with a week ago. Strictly good to prime corn fed teers DOc to 91 higher. Best she stock steady; medium and common grass steers and she stock unevenly $1 to $10 lower; bul Is and feeders 50c to 7oc lower ; calves mostly 50c lower. Sheeri Receipts, 9000; compared with a week ago. Native lambs steady, western mostly 2ac higher. Fat sheep scarce and 5c to 50 higher, with choice wethers showing; more gains. Feeder lambs 50c to jc higher. Breeding ewes mostly 50c higher. Omaha Livestock Market. OMAHA. July 19. (U. S. Bureau of Markets.) Hogs Receipts. 50O0; lOo higher I than yesterday's average. Top, $21.90; bulk. ?2l&2 1.50; heavy weight, $21.35 & 21. "O; meuium weight, $21.40210; light weight, $21. 45 & 21.80; heavy packing sows, smooth. $21'321.30; packing sows, rough, $20.7521; pigs. $ is 9 20. Cattle Receipts. 800; compared with week ago Dry-fed steers, 75cj91 higher; good and choice, butcher cattle strong; common kind and grass cattle, 2.f 50c lower. Veals, lower; good and choice stock ers and feeders higher. Common kind unevenly low er. Sheep Receipts, 1900 : compared with week ago. Lembs, 25c higher. Sheep, 25 4? 50u higher. Feeders about steady. Seattle Livestock Market, SEATTLE, July 19. Hogs Receipts 88. Steady. Price 922.7522.65; medium to choi-e 922 50' 22 75: rouch heavies S30.50fi O.H5: pigs $20.5021.35. Ca ttle Receipts IS. Steady. Best steers 910.50'3ll; medium to choice $99:30: com mon to good 96'ab; best cows and heifers 98 fa S; common to good $5 M 7.50, bulls $3 0 50; calves 97-& 14. Rosin firm. Sale. 622: receipts. 516; shipments, 775; stv:k, 54.544. Wuote: B. 914.75; D $15.50; E, 116 20; F $16.40; O. 916.50; H. $1-S0: 1, 917.50; K. $18.83; M, $19.33; VG, 9-0 10; WW, $20.35. Decrease la Excess Reserves. NEW TORK, July 19. The actual condi tion of clearing-house banks and trust com panies for the week shows they hold $26.- -0 1, mo reserve In excess of legal require ments. This is a decrease of $6,881,060 from last week. Dal nth Unseed Market. DTJLUTH. July 19. Linseed, on track. 95.96; arrive, $5.86; July, 95.95 asked; Sep. temper, l8 asked; October, 95.72 ; N vember, $3.63 bid; December, 95.50 asked. Stock Exchange Closed. NEW TORK. July 19. Bur in ess 00 the stock exchange and allied institutions was suspended today to enable members to catch up with the mass of work resulting xrwm tne weears extraordinary activity. Dried Frnit at New York. NEW TORK, July 19. Evaporated apple stocks light. Prunes In demand. Peaches scarce. GRAIN CROPS MATURING FAVORABLE WEATHER CONDI TION'S IN" WESTERN OREGON. CORN TURNS STRONGER RENEWED STRENGTH DEVELOPS LATE IN SESSION. Advances in Foreign Exchange Rates and Reports of Damage to Oats Affect Market. CHICAGO. July 19. Renewed strength developed In the com market today, owing largely to sharp upturns in foreign exchange rates and to reports of Irreparable damsfte to the oats crop. The close was unsettled. Sc to 1 fcc net higher, with September $1.90S to $1.9o and December 91.61 S to $161 Vs. Oats finished 2Sc to 2c up and nro visions varied from 10 cents decline to 30 cents "advance. Until the last hour pessimistic views of economic conditions tended to keep senti ment bearish In regard to corn and so, like wise, did the fine weather. Declines, how. ever, led to an Improvement In domestic shipping dmand. with consequent buing on the part of shorts and commission houses. At this Juncture the fact that sterling ex change had risen to 94.44 after having gone as low as $4. 2614 gave an advantage to the bulls. Provisions swayed with corn. Leading futures ranged as follows INCREASE FEDERAL GOLD RESERVES Loans Contract Nlnety-elx Millions During Week. WASHINGTON. July 19. Gold In federal reserve banks showed a slight Increase for the week ending .July 18. according to the statement of conditions in the 12 banks on that date issued tcntght. Ioans contracted materially, being $0tt,0OO,0oo less than a week ago, as did the total of federal reserve no tea in circulation. The statement follows: Ktsourcen Gold coin and certificates $ 273.S10.00O uoii settlement xuna, r . K. board Gold with foreign agencies. . . Total gold held by banks.... Gold with f. H. agents Gold redemption fund Total gold reseres Legal l-'ndtr notes, silver, etc Total reserves iiills discounted: Secured by government war obligations All others .Bills boueht In open market. Total bills on hand s. government bonds U. S. victory notes U. S. certificates of indebted- nesH All other earning a-ets Total earning assets P-ank premises Uncollected items and other deductions from gross de posit h Five uer cent redemption fund against r . 11. nana note. , i,'.fMm All other resources 10,100,000 591, 910. OO0 865,0' 'O.0O0 l.i:4.173.MM. 112. 927, M (O 2,112.1'MI.OtM) 65.3M.OOO 2,177,401,000 1.379.72H.000 24K.347.IMM 372.352.rMKI 2,2MO,42l.OtH ZT,O4.0i0 303,000 209,911.000 2.437.Vlnmi ll,733,ooo 857,154,000 Total resources 95,504,405,000 Liabilities Capital paid in $ 82.958.OAO Surplus Government deposits Due to members, reserve ac count . . Deferred availability Items... Other deposits, including for eign credit. Total gro-s deposits V. K. notes in actual circula tion F. it. bank note in circula tion, net liability All other liabilities L. 07. 000 137,090.000 1.712. 796. OOO o51.735.000 12V69.ono 2.626.000.000 2.512,018,000 1S6.9I1.OO0 95.504,405.000 Sept. Dec. . Sept. ... Dec July Sept. Pept. Oct. . Open. High. CORN. . .$ I.Rrtii $1.91 'i . . 1.57 1.614 OATS. .77H .M .. .79S 83 PORK. . . 53 40 . .49.80 .33 AO . 33.50 ..27.95 . .27.70 51.00 LARD. 3.1, S7 Ci.75 R I BS. 2 Oo 27.0.. Low. 1.07 .77 H .793 33.52 40 Close. $1 00 1.01 .o .82 53.40 00.75 33 87 33.75 27. 5 27.60 followp nominal ; No. 27.90 yi- July . Sept. . Cash prices were a Corn No. 2 mlxad. low. $l.I:.Vfr 1.96. r.ats o. 2 white, 794 2c; No. 2 white, 79 S 'a- 80 c. Rye No. 2. $1.61. Barley 91 tlfi 1.2. Timothy : oo a 12.00. Clover Nominal. Fork Nominal. Lard 75. Ribs $27.75 fr2.2S. Minneapolis Grain Market. "MINNEAPOLIS, July 19. Barley, $1.11 1.20; Flax, 9.Y8S"i. Y91. Grain at San Franrlci. SAN FRANCISCO, July 10. Flour, $12 90 f. o, b. warehouse. Grain Wheat. $2.20; oats, red feed. $2.A0 02. 90; corn. California yellow, $.1.3rS 3 45; barley. No. 1 feed, 1918 crop. $3. 12 ti 3 10. Hay Wheat or wheat and oats. $15tfl7; tame oats. $16917. barley. $Url3; alfalfa, $14tfl6; barley straw, ant hoc bale. Fall Wheat Is Being Cut Prune Yield Estimated at 50 to 65 Per Cent. Crop conditions In western Oregon are reported by M. A. Hlnshaw. general freight agent of the Southern Pacific, as follows: AlbanyFall wheat Is now being cat and Is In the best of condition: estimated will yield about 20 bushels per acre. Oats mak inir good growth and heads flllinc well; III not be ripe for two weeks. Very lmle spring a-ratn planted this year. Hay la tbo all harvested and Is yielding tbout to lone per acre of good Quality. Potatoes look healthy and making good growth. Prospects s re good for a large crop. Very few beans pianted tn this vicinity this year. Latent estimate indicates that prunes will yield about 60 per cent as compared with las? year. Uerrlei of all , kinds are producing1 very large crop and picking ts now In prog ress, quality god. Wood burn West her during past week has been Warm and dry and exceptionally fa vorable for hay and rutting of fall wheat, which ta ripening rapidly. Not a great deal of itprlng wheat planted and will be some what short. Oats In good condition and beads are well filled. Clover and vetch hay are the heaviest they have been In years. Farmers will complete their haying In the next week. Cherry picking completed and the yield has been about bO per cent of nor mal and of good quality. Loganberries are being gathered and are an exceptionally heavy crop. I -ate potatoes are In good con dition and Indications are for a normal crop. Peaches never looked better and will make a hvy yield. 12 uirene Weather rontlnued dry and warm during the past week with scattering shor ers which were of no benefit to growing crops. Fall-sown grain maturing well and Is being cut and the yield will be about normal.-while spring-sown grain is short and will not yield to exceed 5 per cent of nor mal. The crop has practically all Deen nar- ; vetted and the yield will be about to tons , per acre. GrM for araxing Is In good con dition. Cherries have all been gathered. Quality Is good and the yield about 73 per cent of normal. lrrle have been gathered and the yield was normal and quality good. Latent cut t mate indicates tnat prunes nt yield about 60 per cent of norms 1. All oth er fruits In good condition. Dallas All grain In good condition Esti mated that fall wheat and oats will yield 50 per cent over last year; sareage about the same. Cheat and vetch hay now being harvested: yield Is very heavy. Bmall fruits and berries are a normal yield. Latest fig ures Indicate that prunes will yield about 65 per cent as compared with last year. The old trees are not very heavily laden, while the young trees ere. Considerable new acre age comma Into bearing this year. Cottage Grove L.ght showers daring the week vere of no particular benefit to grow inc crocs. A good rain would be very ben eficial. Haying Is about completed and Is nverarlng a good yield. Fall wheat being harventeri and waa never In better condi tion. Oats are making good growth and heads are filling well. Silverton All grain and hay In good con dition. K-timntpd that fall wheal will av erage about L bushels as compared with 20 i.vt ventv St on t of the bav la now being cut All fruits and berries yielding heavily and of v,r rood oualttv. r .rvniiia Pa 1 1 ara in ts ripening: and will be harvested soon. Spring grain will be light units U receive rain nhortly. Means, corn an J potatoes making good growth consider ing the dry weathwr. Fruit and berry crop in good condition. 4. im ivtnnlwrrlM are yielding- heavily. Cherries are practically all picked and yield better than expected. Fall gram Is being cut nd win nhnw an Increase in yield over last vear. Fnrlns: grain not making as good rmwth nvim to the continued dry weather MoNt alt of the hsy Is being rut and Wie yield has been very good. Pasture .nrlllknn McMlnnvtl'e Grain ripening very fast snd thrhiDf will -tart In about two weeas. Karnfers are now making hay snd same Is yielding quite heavily. Potatoes In good con dition and malting gooo arom. berries are yielding heavily and are of good quhIIiv . . i.'..,-.t r.mv Fail rmlna will soon be har vested. Present Indications are that there will be an Increase of 20 per cent in the .omnM.red with ls-tt year. Spring grains are needing rain badly and unless it comes oon the crop will fall short llay h.rv.,i Im alnibit completed and the ..i.i. ut.m.ied at two tons Dfr acre. TV ries are yielding a heavy crop and of good Hi.-, fr.ili a In srrwsd condition. N.uKri Fall hat 1 very heavy and . ..ni,iiv nwinf to warm weather dur Ing !at wek. Corn for silage making god A.ih r.ardleHN of the dry weal tier. ui i. .Ami heaw at and. heads are well filled and no reason why there should not k. . ti.a'v cron. Hav crop Is very heavy and practically all harvested, yielding not le than an average of two tons per acre. Potatoes making spienaia growm -uu . ,n,.ti.m are for a good normal crop. Ap , Mtiiimii in rood conditio! and U I" estimated that prunes will yield about 50 per cent of last year's crop. Cherry harvest Is about completed and the yield has been about 73 per cent or normal, w ni k.m.a are an exceedingly heavy crop. Martihfleld Conditions In this vicinity dur Inc the pt week hi good for growing crops, Government and Municipal Bonds To Yield 6 Conrolt th following srrouo of Bond.: consider th. saf.tr of the different Issues: the property piedsjed to the payment of principal and Interest: then consider the unusually Rood Interest yield fr for bonds of this character. If you do not feel Ilk. making your selection alone and want our assistance, w. shall be pleased to recommend a particular lasu. best fit tins; your requirements and circumstances. EiemDt From AU Dominion Gor.rnm.nt Tmvstlon. Rata. Maturity. Tleld T.OOO Alb.rts. Pro. Inc. of FA A lt:3 OO Ce ooo Alberts Prov. of. University Oomr.nl. 4 V. JJ oo rt.tHni Altt.rt. Oov.rnm.nt of. Pro., of..... 4 . Fa A l-4 COO Caliirr. 1'lly of. Altrt. Sthool IS F.b. I!: J oo 4. C.s.ry. 4lty of. Alberta. School IS F.h. 1.'4 a o 2.1no (-;,rv. Ctiy of. Alterl. School .. 44 F.b. 1W-4 .o 5S.OK Kdmonton. Cltv of. liold Not........ a FA A li".'4 aix 41 MJ Crest. r Wlnr.lMC W.t.r Di.irirt 5 JJ l-2 OO 13 000 Orrat.r Wmr.lwj vt.r Uistnct a FA OO ...vo L.thbrldice. Cuy of. irov. of A.brrta.. FA A 1: 00 ox 1 .thbridt-.. cuy of. I'rov. of Alberta FAA I'M S OO J,.oo Virtorls. City of 44 JJ 0O 6.000 Victoria. City of. Ptot. of li. C MAS CuO LIBERTY and VICTORY BONDS If Tee Mas Sell Teve IJbertv or Victory Tiod. rVrll to Fa. If A mm ( fi Hoy More Ubcrty or ictory lUiati. Bay From Fa. On Friday. July IHth (no market Saturday), th closing market priree wre as given below. The v a r the goming prices for Liberty and Victory bonds all over th world, and the highest. W advertise theas prices dally la erdor that you may aiwas know ths .Nc York matket and th exact value of your Liberty and Victory bonus. Victory Vict ery KHl 1st 4s M4f lltlMl SHU! 4Ul SVs 4s V. T. XIkt-.$.ty ; gkJ.0 a 32 40.'o f.V. e S93 74 100 Od $J tM Interest ... .40 .73 .4 .7a l.9 1.1 .44 .al Total $0.77 ItH 30 $4 OS 5 43 IM.TO M.4JI tH. 10A.4 $100 T5 When buying we deduct 37c oa a tbo bond and fltO m S10OO bemd. We sell at the New Tork market plus th accrued interval. m stlorglar sa4 Ftrepre-f befe Ocposli Bosea tor Kent. Is esttmatrd there will be ?S per cent crease over Isst year. Apple acreage in- icates a 24 per cent Increase and will yield bout the same, which Is due to new or- hards which are bearing heavier than the old orchards. Prunes in good condition and II Indications point to a normal crop, or pproximately 8 000.000 pounds dried. acha-a In the best of condition; ranners su lci pate consuming the greater part of the top. Broccoli planting is under way and present Indications are that ther will bo si least lo per cent In the acreage as com pared with last year. 3teororu ery nti le cnang in tn con dition of crops In I his vtciully during the pt week. Fall whewt his rractlcally ill rricee Current on Eggs, Vegetables, Fresh Fruits, Ktc. at Bay City. SAX FRANCISCO, July 10. Butter. 07'4c tgss Fresh extras. 52c; extra pullet, 47c. Chetise New tirsts, iilc; Young Americas, 33 s c. Poultry Hens. 26 a 30c. according to size: young roosters. Stiiy-i.'bc, broilers. 30'c, according to size ; fryers. 34 & o0c; geese, nominal; squabs, $o i 4 dozen; pifio ma. f-i 'J.Zo tlozcn. Vegetables Rhubarb. $ 1.50 " 2 box; egg plant, $1.70 it 'J lug box; peppers, bell, lis'tp hzc. according to size; chile, Uhy lc; tomatoes, l.u0 1.75, according to district ; summer squash. flUl.-3 lug uox; potatoes, garnet. $li..'VT 2. Mi cental; eect, 6 'a 7c lb.; onions, yellow $3.-5 a 3..r.o per cental; green peas, 5 7c pound; cucumtiers. 4t6."c lug box; green corn, $4.25ft4.50; okra, 10 15c pound ; garlic, 2ii U 22c pound ; string bean, 3 'ti 5c pound ; wax, v-q pound; lima, 10 11c pound. Fruit Oranges, $45; lemons. $4 506.50; grapefruit, $H.5u a 4.50; bananas, 6Vs t 7 Vz pineapples, S2.5Q'ji 4: apples. $1.75 ' 25, ac cording to grade and tier; cherries. 15Juc; plums. $l&l.i5; peaches. $l&l.-i small lug box; apricots, $7.50 S per cwt. ; cantaloupes, $ I. ."ft t 2. '27', standard currants, $15 IS chest; raspberries. $13ii 15; strawberries. $14iilt; loganberries, red. $tfll; black. io'tS; blackbcrrie!. $S & 10; grapes, $ 1.50 9 2o0. Keceiots Flour. 1 S!t quarters; barley. 401 centals; bans. 24o4 sacks ; potatoes. Ki2& sacks; hides, i -3; wine, bOOO gallons; hay, 470 tons. COAST AND EASTERN DAIRY PRODUCE I BE BITTER MARKET IS SLOW Push Sales; Dealers Are Not Inclined to Receipts Light. The cube butter market was steady and Inactive, with prices unchanged. While a little demand was noted, dealers showed no disposition to push sales. Storage holdings were practically unchanged and street stocks were reduced to 1 76, $56 pounds yesterday morning. Receipts Friday were; Pounds. Oregon 7,0i9 Washington 3.1:96 Total 10,o5 Chee?e receipts Friday were 29,763 pounds from Oregon, 126 from California. 640 from Michigan and 340 from Wisconsin. Egg Receipts Decreasing. The egg market was firm at the close of the week without change in buying or Jobbing quotations. Street stocks increased to 2720 case a Receipts were the lightest 4BC the season, being 366 eases from Oregon, F? from Washington and 20 from Idaho, total cf 423 cases. Xutal receipts for the Total liabilities $5.S04.45.0nt Ratio of total reserves to net deposit and federal reserve note liabilities combined, 50 S per cent. Hatio oC gold reserves to federal reserve notes in circulation after setting aide 35 per cent against the nti deposit liabilities, 02.20 per ctfiit. STOCK PRICES ON frTRONG BASIS Steps Being Taken for Co-ordination of For eign Credits. NEW TORK, July 10. The many ad ditional signs of Industrial and economic Im provement of the week were accompanied by further activity and stability of prices on th stock exchange, quotations In several note worthy instances mounting to new maxi mums. .There were occasional pauses In the mar- , ket's progress, due mainly to the extra ordinary collapse or lore tan exchange. This condition was recognized as peculiar to It self, however, though nut without important bearing upon the numerous plans for this country's invasion of overneas markets. Measures are crtalizing for the co ordination of foreign credits, and these re quirements, which will run Into billions of dollars, may well be expected to take prece dence over the purely speculative demands for the stock market. Monetary conditions were comparatively easy, so far as they related to call loans, but time funds were distinctly firmer. Further crop deterioration and disturbing elements In the labor situation were more than balanced by record bunk clearings and the boom in iron, steel ana copper, as well as leather and fabricated textiles. Buying of new issues was commensurate ith the plethora of money and much more financing of a general character Is con templated In connection with the growth of Lhe motor and oil Industries. Coffee Market Unsettled. SURVEY WILL BE THOROUGH Government Experts to Examine All Reservoir Sites In Valley. BKXD. Or.. July 19. (Special.) In vestigations ly the party of Kovern ment jieolopists and engineers who ar rived in Bend last nltfht will not le confined to Benham Kails as a storage reservoir site for conflninK tho over flow of the Deschutes for irrigation of thousands of acres of now arid land in the Deschutes valley, was the state ment of Andrew J. "Wiley, a member of the party. The Rovernment experts, he said, have received definite Instructions from Washington to exhaust all possi bilities for storaee purposes, and other sites will be thoroughly looked Into In case the land at Benham Kails Is not found suitable. "It Is one of the finest hodles of land for irrlg:ationxthat I have ever seen, and I shall be clad to do anything In my power to brine water to It." whm the statement of l'rofessor O. Crosby of Boston, who heads the party. MORRIS BROTHERS, Inc. THE PREMIER Ml'MCIPAL BOND UOISE Morrl. Bids;, 309-311 Stark St. Bet. fifth u Stalk Trlrph.a. Bf.li.ar S131 Eatabllshe4 Orrt S Tear bn cat. also tM.n4 enttlns of alfalfa, both yield quite heavily: no throning don. a. yet. The hot weather dunna fh. wlc la msturinc pears and applet Front prent Indications pears will b?cm snoring about August 1. Hindu Acquitted of Murder. SAN MEGO. CaL. July 19. Khair Din. Hindu rancher of Imperial valley, waa found not ruilty on the chare, of murderlnc his fellow countryman and partner. Fared Bahksh. on a ranch near Brawl.y on Auirust 11. 1M7. BROWNSVILLE WAREHOUSES i - .. B -k N t- r , Brownsville was recently visited with a more or less serious fire that wiped out a portion of our city. We suffered some loss and Inconven ience. However, we believe we established a precedent in removlnp: a Kreat portion of our large store, flour, feed and seed stock and office fixtures tour warehouses were not In the fire sone to open streets to safety, then to our new rented quarters and waa open for business three to four hours after the fire started. We believe Brownsville will grow and be a better town than ever. We wish to say to our wholesale Jobbing; contractors" customers that we ate hotter equipped than ever to make them prompt shipments of oats, wheat hay. hay seeds, rye, crass, potatoes, etc.. from ouo of Ore iron's most productive sections. The quality of everything; Is A-l. Give us a trial. Let us quote you prices. CIIAS. STERLING. Owner. ben .xc.ptlon.il ucli aa corn, h and potato-., .nlch are making good prr.r ui,..hmr rrnn La being gather.! .nrf'l. . rood normal crop. Apple, tn good condition and Indications are for a normal '''ooulll. Hay has been cut and th. yield 1. normal. Ptre. In good condition. Con ilTble In.-re.i In th. rrff. of corn for I1K" and Is In the very bt of con dition. Krul! and brri.s In the beat of con dition and arlll yield a good normal crop. Koaeburg fltm. estimate Indicate, that th.re is a 25 pr f.nl Inrr.ase In acreage of gralnn ovrr lt year. The Indication, are that the ylrlrt will be 105 per r.nt of normal. Them Is about loo per cent lnrr In the ..reage of corn planted tor silage for fall feeding Hay la very abundant; estimated will ylld 125 per cnt of normal. Hartlett pear, will come on th. market about Augu.t 1. Indication" are that th. cannera wjll take at leant oO pr cent of th. crop: tne l,,l,... will h. iWrr to TlTn m.rk.t. EXCLUSIVE DEALERS IN GOVERNMENT CORPORATION MUNICIPAL BONDS ROBERTSON & E WING 207-8 W. BANK BLDG. PORTLAND, OR. Butter larket Conditions at Leading Dis tributing Points. San Francisco and eastern dairy produce reports received by wire by the Portland office of the bureau of markets yesterday foliow: Boston Trade extremely quiet. ery few sales reported. Dealers holding their but ter firmly, many expected; a higher market. Buyers not very plentiful nor very anxious. so sales mostly at yesterday s prices. Chicago Market steady to firm, prices practically unchanged, a: though S. 69 and i0-8core more in demand and selling for better values. Supply tuD grades fncreas ing and demand easier. ' Centralized cars steady and unchanged. New York Market very quiet, prices tin changed and busier undertone. Receipts rather heavy. Some accumulation. Moat buying speculative and in anticipation of export. Storage holdings increased. Philadelphia The usual quiet Saturday. Only a fw lots changed hands at prices quoted. Market steady. San Francisco Market very firm. 92-score selling for 54 cents and Slightly better. Government orders, together with some out side demand, is causing temporary shortage of the liner grades. Cotton Market. NEW TORK. July 19. teady. Middling 36.&AO. Cotton Spot NEW TORK, July 13. The market for coffee futures opened at a decline of 11 to 19 points under further liquidation promoted by reports of an easier tone in Brazil and a decline in the local spot market. December contracts sold off to 20.55, making a decline of about 225 points from the recent high level but there was some covering and the price later rallied to 20.80 on buying by houses with Brazilian connections. The market closed net 2 points lower to 15 points higher. C .osing bid July. l.rOc ; September. 21.2uc ; October. 21.05c; December. 2. 1 5c; January. 20.72c March, 20CGc; May, SO.KOc. Spot coffee, unsettled; Rio 7 s, 22 M c Santos 4s. 28 Sc. "Fantern Dwlrr Produce. CHICAGO. July 19. Butter Unchanged. Kr gs Receipts is. 454 cases, unchanged. Poultry Alive, unchanged. NEW YORK, July 19. Butter Quiet, nn changed. Eggi Firm, unchanged. Cheese Steady, unchanged. Money Kx change. Ktc. NEW TORK. July ltt. Mercantile paper S)3 j per cent. Sterling eO-day bills, nominal: commer cial 60-day bills on banks, nominal; com mercial 60-day bills, nominal: demand $4.39 4.0. franca, dtmiDd. ,7.0u; cables. UMPQUA ROAD DEMANDED Residents Near Keedsport Declare Need lias Been Ignored. MARSHFIELD, Or.. July 19. (Spe cial.) Residents of the lower I'mpqua river near Keedsport are demanding that iJoug'as county construct within a year a highway to tho county seat. passable during every season or tne year. The residents declare that money appropriated .for highways between Keedsport and fccottsourB tnat snouia have been used two years ago has been held up. With the great development tn lum bering In the lower Umpqua. the ne cessity for prompt communication and commerce with the Interior Is a busi ness necessity, and the people are much in earnest In renewing: their demands for road construction. OVERBEGK & COOKE GO. Broken. Sloeka. Bonds. Cotton, t.rain. lite. CM-SIT BOARD Or TRADF BLrXI. MKMBKRS CIltCAr.O BOARD OF 1K.IUE MEMBERS Correspondents of fgan ft Bryan. Chicago and V or k. New 1'ork Stock Kaehange. hlcag. Mock Kirhange. Boston Flock Exchange. Chicago Board of Trade. New York Cotton Exchange. New Orleans Cotton Exchange. New York Coffee Exchange. New York Fro dace Exchange. Liverpool Cotton AaMclatton. Read The Oreironlan classified sds. FREE "What's What" in Texas Oil Straight facta on the Wonder Oil Fields of the World, told by large Independent operator. Alsornapof producing; district. It' Free. Issue Limited. Sen Today. JAMES A. Bl IK. Entire Floor. HMta-M Hoa.t.a Street. Fort Worth. Tex... C. E. Miller & Company Established 1912 INVESTMENT SECURITIES Government Municipal Corporation Bonds 205-6 NORTHWESTERN BANK BLDG. Phone Main 4195 STOCKS, BONDS, GRAIN, COTTON J. B. STEINBACH & CO., Brokers Pho.e. -Mala SS3. 24. ro 1-2-3 Railway F.xu Bldg. DlreexPiivate Wires t. All I'rlaelpal Msrkrls. CorreepondrBts K. F. Hattoa A. Co. leme.t Cartls Ca. Members New York Stock Exchange, New YorkCottcn Exchange, Chicago Board of Trade, Etc. rocket Mannal on Keqae.t. Short Term Bonds WashtnfU. Oalltw nla . rxxM 5i to 7 Nos nnraBTiNN Best Bcati. Maim Freeman Smith Camp Co. SECURITIES BASED ON CONSERVATIVE LAND VALUES NEVER FLUCTUATE PAY HIGHEST RATES OF INTEREST WITH GREATEST SAFETY OF INVESTMENT No purchaser of our securities has ever had a default in interest or principal. COMMERCE SAFE DEPOSIT AND MORTGAGE COMPANY Ground Floor Chamber of Commerce Eldg.