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.