THE SUNDAY OHEGONIAN, POETLANU, JTJXY 27, 1919.
21
BUTTER PRICES ARE
UP
kWeek Closes With Coast Mar
ket in Good Condition.
RICE TREND IS UPWARD
Some Accumulation of Private Hold
ings Reported Here Fluctua
tions Xoted In San Francisco. -
Recardinc conditions in the butter mar-
eta of the coast and eastern states during
he week past the bureau of markets of the
apartment of agriculture eays:
The butter markets at San Francisco and
'ortland were characterized by a steady
firm feellnff throughout the week Just
osed. Trading was rather quiet, both
kcally and with outside markets, due part-
' to prevailing high prices compared with
her markets. While some fluctuations are
feted at San Francisco, prices advanced lc
San Francisco and He at Portland for
he week closing Friday.
Private stocks show seme accumulation
ft Portland, while at San Francisco stocks
lave been reduced about 49,500 pounds. Re
ceipts of butter for the week at both mar
pets amounted to 603.S73 pounds, compared
pith 494.050 pounds for the previous week.
Cold storage stocks increased 141,462 pounds
at Baa Francisco. Portland and Seattle dur
ing the week' against an increase of 191,270
pound for the previous week.
( "The butter market the past week ex
hlblted great uniformity in prices in Chicago,
New York, Boston and Philadelphia. The
tone was about steady all week without a
show of decided strength or weakness at,
any time. An undercurrent of unsettlednesa
has, however, been apparent at times.
Trading has had to go largely on its own
Irgs this week. With practically no export
buying .of any account on the eastern mar
bets consumptive demand has had to ab
sorb all the butter not stored, and storage
holdings show only about half the Increase
aoted in recent weeks. As receipts have
fallen very considerably, these outlets have
JuFt about nicely taken care of the butter,
and street stocks even show some reduction.
Some active trading is noted In storage but'
ter on each of the markets, particularly
large turnovers being noted at Chicago dur
ing tho week.
"Country reports show considerable shrink
age In many sections, due largely to dry
weathor conditions and consequent Injury
to pastures. Heat continues to affect ar
rivals and really fine butter meets ready sale
nd often obtains a premium, undergrades.
r.1 particularly 'firsts have nevertheless
met a very active demand thig week. Cen
tralized cars have shown serious loss
quality and it is only an occasional one that
will pass a, full OO-score. These have met
ready sale while the poorer cars .were in
cllned to drat;.
"All four market appeared weak at the
close of last Friday tut remained unchanged
on Saturday. By Monday a better feeling
was noticed at Chicago, and Philadelphia
thowed H cent advance. The other markets
remained Just about steady and unchanged,
however, until Wednesday, when each made
a '.a cent advance and Chicago gained an
other i cent. Even this slight advance
seemed to be more than the market cou.rt
.support. New York and Philadelphia each
lost the Vj cent on Friday. The -market
closed easy and unsettled. Closing prices
were 52 H cents at Chicago, 54 cents at New
York and P5 cents at both Boston and Phil
adelphia. This was 4 cent higher than
Monday's price at Chicago, cent higher at
Boston and the same at New York and
Philadelphia.
"Receipts for the week from Saturday to
.Friday, inclusive, for the four markets to
tal 179,217 tubs, as compared with 207,855
tor last week, a decrease of 2S.638 tubs.
"Cold storage holdings were increased
4.154.319 pounds on the above four market
as compared with an increase of 4.826,533
pounds last week.1
BARLEY MARKET IS SHADE WEAKER
receipts throughout the week In excess of
the demand and poor quality of some of the
offerings. Most of the complaint heard waa
regarding Imperial Valley stock, a good
deal of which waa off grade. This, how-
w . w f .. A .Jt ... nnsaar ii
v ci , xi as ueea ; ickucu u v . was.
there is Jittlo doubt that the trad, will be
supplied with cantaloupes that are up to
standard. At the close yesterday stanaaras
were selling to retailer, at $2-50 to $3.
Turlock, Cal., reported, warm, clear weather,
with demand and movement good.
Brisk Peach Trade Beported.
An approximate clean-up In the peach
market was affected yesterday, the demand
being such as to take the bulk of the of
ferings, and that without any disastrous
slashing of prices. Only a few small offer
ings from the south were reported, ana tne
meagernets of arrivals contributed to the
strength of the market. California, for tho
most part sold at 1.25 to U.50, while Ore
gons went at Jl to $1.23.
The watermelon market wu oversuppneu.
no cars arriving from California, and prices
showed a, declining- tendency. Dealers quoted
Jl.aO to 2.50 per hundred, according to
quality and variety.
Bank Clearing,,
-tr .i.i.mmt of the Portland
clearing house show, the following totals:
., " 4.0X7.043
Balances .' " ". - '
Corresponding aay wcc.
Clearings 7?5u4S
Balances - Ji'JS
Total for the week sS'Eal'Si?
. ... j i hi K .... ii3.ol4,&41
Clearings and balance, in oiuer "-
western cities: c.rtnr. Balance
Seattl 1-J?5-?RS
Tacoma JSi-'i" ilV-rVk
Spokane .............. x.o.". '
STOCKS REGAIN STRENGTH
GENERAL IMPROVEMENT NOTED
. IX SECTRITIES 3fABKET.
PORTLAXD MARKET QUOTATIONS
Grain. Flour, Feed, Etc
Merchants Exchange, noon session.
D1U
Oats
No. 3 white feed
Barley
No. 3 blue. ......
Standard feed . .
Corn-
No. 3 yellow
July.
66. 00
til. 00
Aug.
$58.00
67.00
60.00
Sept.
58.00
67.50
60.00
75-00 75.00
R5.00
67.50
PS.OO
58.00
75.00 75.00
62.00
62. AO
per
E lightly Lower Prices Are Quote at the
Merchants Kxchange.
Xeeines of 50 cents to 91 on July and
CAn gust barley. No. 3 blue, developed In the
trading at the Merchants' Exchange yester
day, wiping out a part of the bulge of the
day before. In the oats and ( corn trade
only minor fluctuations were recorded.
Eroomhall reported as follows:
"Clearances of wheat continue to be
maintained and It is Interesting to note
that a substantial portion of the ship
ments Is destined to the United Kingdom,
and France is alio receiving a good per
centage. As usual, shipments of com are
of small proportions. The outward move
ment of oats la somewhat disappointing.
Sot some improvement in the clearances of
this grain is looked for. Shipments of rye
how a decrease as compared with pre-
Tious week, but clearances of barley have.
enlarged and Holland is receiving a large
portion of tho total quantity."
Weather reportj for the middle west were
fcs follows:
"Minnesota, clear, hot: "Wisconsin, cloudy,
.hard rain last night; Chicago, clear, hot,
maximum yesterday 95 degrees; St. Ixmis,
clear, fine; Kansas, clear 0; Iowa, Daven
port, clear, hot, no rain; Hutchinson and
Topeka, clear, hot; Ohio valley, clear, hot,
HO rain.
"forecast North western disturbance will
move slowly eastward during the next i6
tours. It will be preceded by high tem
perature and generally fair weather from
the plains states eastward and will be fol
lowed by cold weather as far ea&t as Lake
Michigan and southward to Kansas by Sun
day night, with local showers tonight or
Eunday over a considerable area."
Receipts for the day, in cars, as report
ed by the Merchants' Excl-wnge, were:
vV heat.Brley.t-"our.Oats.Hay
75.00
Eastern corn and oats, bulk
Oats
No. 3 white D-j.oo
as-lb. clipped 57.00
Corn ....
No. 3 yellow..; 7o.25
Barley .
WHEAT Government basis.
bUFLOUIt Patents, $11.6011.65 delivered;
$1145 at mill: bakers. 11.1511.30; whole
wheat. tlo..JtiKt-w. T ,,,
M1LLFEED Mill run, f. o. b. mill, car
lots, 340 per ton; mixed cars. $40.50; ton
lots or over. $41. 50; less than ton, $42; rolled
barley. 63: rolled oats, S9; ground barley.
6:; scratch feed, $79.
CORN Whole, ton. "5; cracked. $7T per
'HAT Buying prices, f. o. b. Portland;
Alfalfa, new crop, J24.50620; Eastern Ore
eon timothy, nominal.
Dairy and Country Produce.
BUTTER 91-score, 54c: 90-score. 53He;
prima, parchment wrappers, box lots. 50c;
cartons, 60c; half boxes, hie more: less than
half boxes, lc more; butterfat. No. 1, 58
59c per pound.
CHEESE Tillamook, f. o. b. Tillamook:
Triplets. 33c; Young Americas. 34c; Coos
and Curry, f. o. b. Myrtle Point triplets.
31itc; Young America,, 33c; lonihorns. o3
EGGS Oregon ranch, case count. 4748c:
candled, 5051c; selects. 548-55c: Oregon
Poultry association select, to retailers, 54c;
association pullets, 49c.
POULTRY Hen,, ::830e: broiler,. 229
30c; geese, ducks and turkeys, nominal.
VEAL Fancy. 25c per pound.
PORK Fancy. 1:8c per pound.
Fruit, and Vegetable,.
FRUITS Oranges, $5.25.T5:' lemon,. $7
rt Knv hanant!'. 9 l& U V- C ter OOUnd 1 P-
ples, 3.50&4.23 per box; grapefruit, 5.SO
euifiz cherries. 15ft 18c per pound; canta-
lminea. S1.25&3 ner crate; apricots,
2 per box: peaches, 75c (Jj $1.50 per box;
wai.rm.inns. 24fi3a tier wund; plums.
$1.502.oO per box; raspberries, S.5093.75
per crate: loganberries, 13 per crate
cran.. 1 4 ift 4 "5 ner box : nears. S4&4.25.
VEGETABLES Cabbage, S3 per 100
nnundi: lettuce. $2.25 per crate; pep
pers, $1.50 per box; beets, $3 3.50 per sack;
wnmh.T... Sl(1.50 oer dozen: tomatoes.
1.251.50 per box; peas, 7 w 10c per pound;
rhuharh At ner nound: beans. 8&10c
POTATOES Oregon Burbank,, nominal;
new California. 2ie3o per pound.
ONIONS Walla walla, dO'C per pouna,
California yellow, Hi5c per pound.
Staple Groceries.
Local jobbing quotations:
sugar Sack basis. Fruit or berry. $9.65
beet. 0.55: Honolulu cane, $9.60; extra C.
$9.15: powdered, in barrels, $10.25; cubes, in
barrels. $10.45.
NUTS Walnuts. 2735c: Brazil nuts. 35c
filberts. 28c; almonds, 24$30c; peanuts.
SALT Half-ground, 100?, $18 per ton;
50s 11.25 per ton: dairy. $25 per ton.
RICK Blue Rose. 10c; head, 12c; broken
Taiiin. fit rjer rjound.
BEANS Buying price, medium white, 50
5c per pound.
COFFEE Roasted. In drums, 3550c
Extreme Gains Scored In Motors and
Affiliated Specialties Bond
Market Reported Irregular.
NEW YORK, Jul, 2. Moderat, act! Tit?
and general strength were the striking fea
ture, of tho week-end session ot the stock
market. All claaM, of issues shared In the
advance except rails, in which trading was
largely restricted to low-priced stocks.
Over-night announcement of the Intention
of the Standard Oil company of New Jer
sey to double Its capitalization and of other
features connected with that Ventura -were
accepted as indicative of a feeling of confi
dence In the highest financial and Industrial
circles.
Extreme gains In motors and affiliated
specialties, oils, equipments and food share,
ranged irom 2 to 4 point,, a few secondary
miscellaneous issues rising 3 to almost 1
points.
Shippings were Immediately reaponslv,
to news of the settlement of th, marine
strike and a belated advance In metal,
coupled with tiU higher quotation, for fu
ture deliveries of relined copper.
reversals oiiw: points during th, first
hour were speedily overcome, mainly as a
result of th, heavy absorption of United
oiaies oieei, which was taken in large In.
dividual lota up to 113-4, approximating th,
week', best. Other leader, closed within
fractions of tho day's maximum quotations.
Sales amounted to 535,000 shares.
The bank statement presented several In
teresting features in the contraction of ac
tual loans and discount, by $17.000,000, a
decrease of slightly more than $106,0u0,000
In net demand deposit, and a nominal in
crease of excess reserves.
Bonds were Irregular, liberty Issues hold
ing steady on light dealings. Total sales,
par value, aggregated $5,350,000.
Old United States bonds were unchanged
on call during the week. '
CLOSING STOCK QUOTATIONS.
excepting certain of th. secondary shana.
dwindled almost steadily.
Motors and their many oecMorie. oils,
tobacco, and food share, continued to bulk
large on the speculative horizon, though sub
jected to occasional reversals.
On, of the week', most roasting g fea
ture, was th, partial restoration of ex
change rates on the mors Important for
eign centers. Tho rally In sterling wss du,
principally to several International under
takings, including the purehas, of a large
block of English-owned oil shares by Kuhn,
Loeo 4V Co.
SAX FRAN CISCO PRODUCE MAKKKT
Price, Current aa Eggs. Tegeteblxs. Vroab
Frail. Etc. at Bay City.
BAN FRANCISCO. July 28. Rseelpui
Flour, 2370 quarter,;- barley, 63H3 centals;
onions, 1973 sacks; potatoes. 5478 sacks;
bides, 1265; wine, SouO gallons; bay. 165
tons.
Flour S-8s $12.90: wneat $2.20: oats rd
feed. $2.8533-03: corn, California yellow,
$3.2503.45; barley, feed 33 .mitl 15.
Oranges. $4tt5.50: lemon, $406.50: grspo-
frult, $3.50?4.50; bananas, 6fe t7,c; pineap
ples. $1.502.50; apples. $1.5003; according
to rrati, and tier; cherries li H f2Uc plum.
$2;2.50; poaches, $1.2561-75 small lug box:
aprlcota, (Holo poussl; cantaloupe,, $1.23,
1.73 standard: raspberries. 414U16 chest:
strawberries. $14915: loganberries, red. $10
012; blackberries, $8911; figs, 75c $1 sin
gle layer; grapes, nominal.
Hay Wheat or wheat and oata, $18017
tarn, oat $13917: barley $12015; alfalfl
$144918; barley straw oOOttoc; meals un
quoted.
Eggs Fresh extras, 67c: firsts. 63c
Fryers, 83937c. according to quality.
Am Beet Sugar.
American Can..
Am Car & Fdry
Am H ftvL old.
American Loco.
Am sm at Refg.
Am Sugar Refg.
Am Sum Tobac.
Am Tel & Tel..
Am Z L & Sm..
Anaconda Cop..
Atchison
A G sWISSL
Baldwin Loco . .
Bait A Ohio ...
Beth Steel B . ..
B&s Copper . .
Calif Petrol ....
Canadian Pacif.
Central Leather.
Che, & Ohio . ..
Chi M & St P. ..
Chicago & N W.
Chi R I Ac Pac. .
Chlno Copper ..
Colo Fu & Iron.
Corn Products..
Crucible Steel . .
Cuba Cane Sug.
Hops, Mohair. Etc.
HOPS Orecon. 1918. 50 55c; 1917 crop,
:(3r37c; 1916 crop. oOc: 1015 crop. 20?r25c;
1010 contracts, 50c; three-year contracts.
HOC. 4lc. 30c.
WOOL Eastern Oregon and Washington,
40 it 57c per pound; valley, 40 55c per
pound.
MOHAIR 101S clip. 55c per pound.
TALLOW No. 1. 13c per pound; No. 2,
12c per pound: grease. 1rv 10c per pound.
CASCARA BARK New, 10c per pound.
GRAIN BAGS in carlots, 12S&13C.
Sales.
200
8.500
4.200
40O
6 K
1.01
TOO
1.S00
400
OOO
4,400
S00
2.0O
11.700
600
13.S0O
600
2,700
400
4.3U0
500
300
"'500
400
23.500
12,700
110
II S Food Prods. 23.900
Erie
General Electric
General Motors.
Gt Nor pfd .
tit Nor Ore ctfs.
llinols Central.
Inspir Copper . .
nr .m. -VI pro ...
Inter Nickel ...
Inter Paper ....
K C Southern . .
Kennecott Cop..
Louis at Nash . .
Mexican Petrol.
Miami Copper ..
Midvale bteel . ..
Missouri Pacific
Montana Power.
Nevada Copper.
N Y Central .
N Y N H & H . .
Norf & West . ..
Northern Vaclf.
Pan-Am Petrol.
Pennsylvania . -Pitts
& W Va ..
Pittsburg Coal..
Ray Consol Cop.
Reading
Rep Ir A Steel..
Sin Oil & Refg..
Southern Pacif.
Southern Ry . ..
studebaker Cor.
Texas Co ......
Tobacco Prods.
I'nlon Pacific .
Unit Clg Ston
II S Ind Alco
U S Steel ....
do pfd . .
T'tnh Copper . ..
Westing Electric
Willys-Overland
Roval Dutch . ..
National Lead ..
Ohio Cities
200
2,700
8O0
1.500
V.300
3.90O
2oo
500
200
500
V.5O0
200
8.200
BOO
600
3.600
""200
7,.'."0
yoo
200
51 0
goo
8. son
2.100
12.::oo
6.700
1.500
12.400
700
16.R00
200
500
r.oo
.9,.no
2'M)
1.700
1.9011
1.700
14. .".00
200
3.300
Last
High. Low. Sale.
lt 93 V 3hi
O0 Vs 60 60 hi
120Vs Hk'i 119.
131 1:10 131
92 91 92
87 8)1 H 86 K
138K 13S3.
112, 111V lll-s
104 14 104 104-4
27 26H 27 "4
764 751, 704,
100 lOO lOo is
1611-i 18 169
110 112 11S
47 464 47
101 9U4 101 Li
29 4 29, 29 H
50 Vi 49 i 50S
163 1U3 163 's
Hi 114 in;,
63
49 4SL& 49
10014 loo 100 v;
301,
49 49H 40S
52 51 Vi 02
95 94 14 044
144 HO. 142i
35 3.'i4 35
87 Vi 83 ii 86 V,
inn ia it
lBsv.
231 22S "4 23UVa
.94 04 S 04 H
' 49 48 4
I007.
69 67 Vi 07
121 121 121 Vi
SOT, 30 30
68 V4 67 V4
23 "i 23 Vi 23 Vj
42 42 42 V.
115V.
193 Vi 193 193
31 Vj 31 Vi 31 VS
58 Vi 57 5SVj
35 i 35 35 V,
76 7 76
2IVJ
80 V,
35 37 37
.IOSVj
M5 95 05
117 116'V 117
46 45 46
39 39 39
70V, 70 70
27 T26 " 27
90 80 89
7 P 97
62 61 62
107 106 107
30 30 30
114 112 114
271 267 271
113 110 113
133 133 133
199 10 191
J44 142 144
113 111 113
117 117 117
9 95 n;
5S 57 T.S
37 no 37
97 96 P7
85 83 85
58 V 58 58
CORN MARKET UNSETTLED
TRADERS GOING SLOW FENDIXG
"WEATHER DEVELOPMENTS.
Sentiment More or Less Uncertain at
Close In Chicago Provisions
Generally Neglected.
HOES HOLDING UP FIRMLY;
INDICATIONS ARE FOR CONTIX-
CEI STRONG MARKET-
CHICAGO, July 25. Prolonred drouth and
hea.t led to further advances today In the
value of corn. Closing quotations, though,
wero unsettled cent net lower to H cent
gain, with September 1.9oS 91. and
December $1.6e4 8 1.66 . Oats moved a.
shade to cent up. with provisions vary
Inr from 2 cents decline to a rise of 40
cents.
December, the chief new crop delivery,
showed more plainly than other months
the miss I vines with which corn traders
viewed the adverse weather conditions.
Buying of December was said to be In the
main for the southwest, where serious dam
age. If there were any. would first be likely
to appear. Bulls contended that only soak
ing general rains could avert widespread
injury. No such downpours were yet in
sight, but a forecast of local showers
brought about some realizing sales, and to
wards the last made sentiment more or
less uncertain. The general disposition, was
to go slow pending weather developments
over Sunday.
Anticipations of demand from Germany
for rye and barley tended to strengthen
oats. On the other hand liberal arrivals of
oats were expected here on Monday.
Provisions were neglected. Business was
of so scattering a sort that price changes
had but little real meaning.
Leading futures ranged aa follows:
CORN.
Open. Hlffh.
Pept. $1.0!. 14 $1.9rH
Dec 1.65 1.6a
OATS.
Sept 73 K .80 14
Dec. S-U .83
MESS PORK.
July .... ....
Sept. 51.95 51.80
LARD.
Sept, 34.47 34.6.1 34.45
Oct. U4.2u
SHORT JOBS.
July 28 I0
Sept 28.45 28.07 2d.4U
C.vh prices were:
Corn No. 2 mixed, $1.9 7 fe 1.98:
yellow. J-LOOfrJ.Ol.
?t"rrN' - wnit C8lUc; No. 3 white.
a V OIL.
Bye No. 2. 11.63.
Barley 1 r,2 1.40.
Timothy t'XJUff 11.50.
Clover Nominal.
Pork Nominal.
Lard :4.40.
Kibs JS.oit.50.
Good Demand for Quality- Beef Ma
terial Reported at Tards Sheep
Slightly Easier.
Ph. ran at th. Nortb Portland stork
yard, ye,t,rdsy was a llsht ena. th, lOtaH
bin( 77 Oatti. and Z4 cslv.s. r or to
wrelc reealpts reported were HCJ catue.
3.--S eaWes. 2n boss and 3TOO ,neep. no
carload. In all.
The market yesterday showed llttl, or
no chana-o from in. condition, of th. day
before. Hogs wer. th. strong feature, and
th. market 1, e,pctd to remain at or
near th, present hirh l,yel until ther, I,
som. material chans. In th. supply or de
mand situation. Th. proapect im for con
tinued moderat, offering, of pork ma
terial. Dealers reported a continue rood de
mand for good grad. beef atuff and prlc
wer, said to b. holding op well.
In th. sheep dlvUlon ther, has bean
a rather .asy feeling for som day, past
and values hav. declined somewhat, though
a, yet there iias been no serious break
Sale, for th. day Included th, following:
Prlra I Wt. PrlC.
4 steer, .. 7 8 2.1 hog, ... 13 K2
2,teers .. o a. sr. S hog, ... m an. jo
14 cow, ... 01 7.71 Shoe, ... t'J IjlO
2 cow. ... ia IM UItmbt .. 7 12 &0
T.ooj a lamo, .. m
15. not & lamb, .. 54
9.00 40 lamb, .. 64
22 .SOI 2 lamb, .. 1
22 r0'25 lamb, . . BS
Price, at th. yards war. aa follow
rir-1 to cnolr. steers.........
aledlum to choir, steers.
Fair to good steer.
Common to fair stem,. . . . . ....
Good to choice cows, heifers...
Medium to good cows. hUr
Canner, ......-...-...
Bull,
Calves
Blocker, and feeders. ......
Fair to medium cowa. bolter,.
Prlm.mixed 11 fT?
Medium mixed ?ogio
PMmTlImbs 11-50I5-52
Fair to medium lambs , ! 2l2 ?2
VearJlngs
Wethers I S
Gwts eaOOd T.&4
2 calves.. . 300
20 calves. . . 220
3 calves.. .' 440
8 hogs ... left
7 hogs ... Id3
10. oo
iu.00
12 50
9 on
9.00
9 .M 11
n.60 0 oo
7.75 .73
T.OOtf 7.50
7.50 9 OO
50 J .o8
S.OO 0 4.O0
5 iOtl 7.AO
OlrflMl
T.OOd io.o
4,00 0 &.M
IrOW.
$1.95
.71
Clone.
05. OO
S4.eo
34.00
No. 2
Bid.
TJ S ref 2 re...!,'N T C deb 6s..,!7
do coupon . Vi N T 4a 7H
U s cv 3s reg..M IN P 3s 37
do coupon . I Pac .T A T 5s...
U 8 4s res....M0Hi Pa con 4H.... m1
do coupon .-10H' S P cv 6s....l7',4
Am T AT cv 8a. 102 So Ry 3s f2
At-h gen 4s 7: (IT P 4s fc.".
D & R O ref 5s. 59TsiU S Steel 3s....l0O
Portland. Sat.. Irt Z . 1 7
Year atro 10 1 2 . . . . IS
Total this week :7 12 H) 21
Year ago SS -'- 15 r. 82
Sf-ason to date. 171 45 t7 MX 4i
Year aeo 121 21 t3 43 10rt
Tacoma. FYi . . . 4 2
Yr ago
gcHson trt date. T7 10 ... 25 35
Year ayn 2."l t .... 5 ....
Seattle Fri. ... ...... 1 5
Year ago 4 . :: l j
Pn-eon to date. 50 23 27 32
Year ago... . . r-- 3 1"u 47
Provisions.
Local jobbing quotations:
HAMS All Hizea. choice 43?44V.c; stand
ard. 42 4?'4o1c; skinneU, i3-3trc; picnic, 27
t30c; cottage roll, 3rtc.
LARD Tierce basis, 36c; compound, 30c
per pound.
DRY SALT Short, clear backs, 3035c;
plates, 27Sj2Bc; exports, 31c.
BACON Fancy. 53'e55c; standard, 40
49c; choice, 39 43c.
oils.
LINSEEO OIL Raw, barrels. $2.37; raw.
case, f 2.47; boiled, barrels, $2.3&; boiled,
cases, $2.49.
TURPENTINE Tanks. 1.4ft; cases, ll.Sft.
GASOLINE Iron barrels, 23Hc; tank
wagon. 23'c; cases, 34c; engine distillate,
iron barrels, 10c; tank wagon, 16c; caseit.
26 f.
COAL OTL Iron barrel. 13 '.-i 16c; tank
wagon, 13fic; cases. 24ia.,ic.
Hides, FelU, Etc.
HIDES Salt-cured hides. 30 lbs. and up,
32c; green hides, 30 lb. and up, 23c; salt
cured bull hides, 24c; green bull hides. 17c;
kip skins, T-om: 13 to 30 lbs-, 40c; trimmed
calf ekins, 7Si; flint dry hides. 40c; i:int tl
calf skins. 75c; dry horse hides, $1.500 4
oach; salted horse hides. ith heads on,
It s each.
PELTS Shearlings. 25c; dry wool pelts.
30c; green lamb pelts. l.50j each.
RaupWrry Seanon Is Knrted.
The raspberry season practic.'l'y came to
a clone this week, and with thi market at
the finish even stronger than at tl-ie open
ing some weeks ago. From the time the
ftrat reds began coming in to the wind-up
the supply in the local market was far from
adequate, and aa a consequence th-s price
range throughout the season was the highest
ever known here. Best reds sold generally
at $3 to $4 a crate and blackcaps at $3 to
$3.75. The cannery demand this year was
an important factor in keeping th market
vp. Blackberries now are coming in a
limited way and meeting with an excellent
demand, prices running from $2.75 to $3.23
gv crate, according to quality.
Butter Production Increases.
The preliminary report on production of
creamery butter In the United States during
the month of June just past, as compiled
by the bureau of markets of.the department
of agriculture, shows a production of 84, t
64S.613 pounds, which represents aa increase
of 14,03 per cent over the production of
June. 1918. This comparison Is based upon
reports from 2249 factories. The production
during June, 1918, was 3.643 pee. cent greater
than June 1917
Cantaloupe Weak at Finish.
The cantaloupe market at the wind-up
yesterday waa a weak affair, the result of
1ft
4li
7SV,
9i
8'4
3H
Hi
21
7rt
4tt'.i
Bid.
Mining 6tork at Boston.
Allouez 49SINorth Butte . .
Ariz Com 17 U Old Doiu
Calu St Ariz .... 84 (Osceola
C'alu A Hecla...4V3 IQuincy
Centennial ..... 19 Superior ,
Cop Range .... 1 iSup & Boston.
East Butte .... 144) Shannon
Franklin S'vVtah Con ....
lwle Rovalle ... 31 ii wolverine .
Lake Copper ... t4!Grtnby Con ..
Mohawk Greene Can ..
Blooey, Exchange. Etc.
NEW YORK. July 2. Mercantile naoer.
5!4 i4 per cent. Stalling, eu-day bills.
4.,;j; commercial tni-av u or banks,
$4.31 3 ; commercial 60-day bills, $4.32; de
mand, $4.34 ; cables, $4.351j.
Francs, demand, 7.20; cables. 7.18. Guild.
ers. demand, 374: cables, 37 Lire, de-
mand, b.02 ; cables. 6.60. M arks, demand.
0.
DECREASE
of
GOLD STOCKS HIIOW BIG
DROUGHT BCRSS COARSE GRAINS
Record-Breaking- Hog Prices Also Factor in
Corn Market. -
CHICAGO. July 28. Widespread drought
and record-breaking nign prices on hogs
have carried the corn market thia week
sharply upgrade. Compared with a week
ago, corn quotations this morning showed
jic to ts-ic advance, oats naa gained 1', to
1 o ana provisions were nearer oy 37c to
$1.50.
Iry, hot weatner aay arter day and no
rain in eight exercised a constant intimidat
ing effect. on trie oeara in corn and so like
wise did lessening of hog receipts and suc
cessive overtopping or an previous hog
lues. Only absence of serious damage yet
from lack of rain appeared capable of hold-
ins the corn market from a further ascent,
e?pet-ially a there were signs that car short
age was developing in me middle west and
that what the movement ol wheat having
necessary preference the arrivals of corn
would be meager for some time. BesideM.
word from Argentina that new hieh crice
records for corn had been established there
attracted considerable attention.
Oats climbed to the Highest prices yet
this season. The bulge was due to predic
tions that the I'JlB-yield would be leis than
the average. Assertions tnat trie govern
ment waa reselling counted later aa some
thing of an offset.
Provisions derived tneir strength from
the upturns of grain and hogs.
Seattle 1'eed Quotations.
SEATTLE, July 26. City delivery: Feed
Mill, $44 per ton; scratch feed. $SL; feed
wheat, $S9; all grain chop, $74; oats, $67;
sprouti-ns oats, $73; rolled oats, $(y ; whole
corn, $0; cracked com. $52; rolled barlev,
$71; clipped barley. T5; alfalfa meal, $;S;
egg mash, $72; cocoanut meal, $36; cotton
seed meal. $78.
Hay Kaetem Washington timothy, mixed,
$35 36; double compressed $4u; alfalfa,
iol'423.; straw. $13i 14.
Federal Reserve Banks Report Drop
Nearly 917,000.000.
WASHINGTON. July 26. Gold stockii of
the federal reserve banks dropped nearly
J17.0O0.0Oo during the week end in Julv
according to the statements of the 12 banks
at tne close ot business on that date. Loans
made by the banks on war paper were $3u,
Resources
Oold coin and certificates $ 270.601.000
uoiu seiueineni tuna, leaerai
reserve ooara o9l,532.OO0
Total gold held by banks 862. 121.000
Gold with federal reserve
agents 1.109.0M.OOQ
Gold redemption fund 24.97.0jO
Total eoM reserves S.OOS.lSl.O'O
Le(ra.! tender notes, silver, etc. ha.872.oco
Total reserves 2,161.023.000
xitis aiscouniea:
iiecured by government war
obligations l,16.21o,ooo
All otners 2M.3ft2.0o0
Bills bought In open market... 3 h.y .",,. t0
Tatal bins on hand 2,243. 1 5V00
t. S. government 'bonds 2.7,O,0to
IT. S. victory notes 2b6,Qo0
U. H. certiiicates of indebted
ness 212.02.0Ov
Total earning assets 2,4K2.3-'S8uitO
Bank premises 11,700,000
Uncollected Items and other de
ductions from gross deposits. 610,495,000
Five per cent redemption fund
against lederai re&ervu bank
notes 10,13.000
All other resources 9.b98.0o0
Minneapolis Grain Market.
MINNEAPOLIS. July 2. Barley, $1.18ft
Flax $6.08 a 6 1 1 .
New York Dairy Prodnc-e.
vrw x- r u t.- i i u .
celpts 0238 tubs. Creamery higher than ex-
Kkks steady. unrhanr1.
Cheese firm, unohansd.
Bank Reeerrea In-reae.
NEW YORK. July 20. The actual Xt.
Hon of clearing house banks and trust com
panies for the eek shows that they bold
$29.tio0.410 renerve in excess of If gal re
quirements. This U an increase of $3,402,--)
from last week.
Omaha Livestock Prices.
OMAHA. July 2. (United States Bureau
of Markets.) Hogs Receipts 0OOO. 15 and
25 cents lower. Top. $22.40; bulk. $21.oe
21.00; heavy weight, 21.6 22.u; meaium
weight. $22322.40; light weight. 121-OOi
22. 40; heavy packing sows, smooth. $21.00
21.85; packing sows, rough, $21.35 21. OO;
pi gs. $ 1 8. AO J- 20. 50.
i-siiiaKrro nil nnnv. coiupbivu wilu
week ago. Prime corn-fed steers and year
lings about steady, others 50 and 75 cents
lower; veals, 23 lower: cnoice iwawr.,
25 4t50o lower; common kinds fully $1 lower,
RhMn ri nu none, comotrva wim
vsk arro. 'at lambs and yearlings a
and 50 cents lower. Sheep 25 and 40 cents
higher. Feeding lambs ana oreeaing ewes
mostly $1 higher.
Chicago Uvea toe k Market.
rHIPA f .O. Julv 2. Hon Receipts 0OOO,
iMdv at yesterday's close, but mostly 10
in ii c-ntm lower than yeterdays average.
Top, $23.25: bulk, $21.25 23.13: heavy
w.i.rh.- ! MO-Sta 2U: medium weight. 21.75
r 23.35: lirnt welglil, s-ji.oosj a.u, nsnt.
iirt.t i-ji 22.75: heavy packing sows,
smooth, $21.25121.75; packing sow a, rough,
$2021: piK. $20'a-l 30.
fmt f 1m KarpmiB lwwr. compinru w mi a
week ago. Choice and prime oeei steers
..a Mtrvoie atrona at a cents nig ner;
medium and good corn-fed, 25 to OO cents
lower; all grass cattle, including stockers
and feeder, AO cents to l lower; canners.
25 to 50 cents lower; veal caivea, a cent m
$l.r.O lower.
Nho'ii Recelnts 7 OOO. compared 11
week ago. Natlv Ism bp, inovtly 7ft -enis
m xi. 23 lower. western,, ow cn o
lower. Sheeo. 25 to cents lower; feed
lambs, 5o cents to $1 higher; yearlings. 23
to 50 cents higher; breeding ewes, 60 cents
to $1 higher.
Heat tie Livestock Market.
SEATTLE. July 20. Hogs Receipt a 12.
Strong. Prime. $22 73t2J; medium to cnoice,
nlrn. ''1.."0 a. 21.ar.
Cattle Receipts. 4O0. Rteady. Best eteere
I10.50H 1 1.23; medium to choice. itV5o
common to pood. $6i; bet cows and heif
ers. 7.MiVr0.r.O; common to good. 3?fT.50
bulls, $3ft7.50; eslves. $7.rni3
Naval Ptnrra.
PAVANNAH. Ja.. July 20 -firm.
12H: sal, 134; receipts,
..,.. iTM- trx-k 10.044.
un.i'n firm. Sales. 1740; receipts. H7i
.,inrn.ni. i4-. utrtok. 5H.420. Ouote: P
115 7i r 13.0.: I. 1 COAT 11 5 : K. $10 SO f
i.ts.-.- K. $17,10417.13: . $17 2r.ttl70: 11
117 Vti 17.7': . tlHfflMIO: K. $ H 2t f 2.1
V f'0V tVO. $21 05-T21 2N
-Turpentine
242; Ship
WW, $21 Rrt.
Liberty Bond Quotations.
NEW YORK. July 20 Final Prices todav
of liberty bonds: S'-fcs. 0.5.; firt 4s. 04. lo;
second 4s. na.OO: first 4 s. U4 WO; second
414, 04.00: third 4 , h. P5.04 : fourth 4 S ,
.6; victory 3s, OOU2: victory 4ts. 00. U0.
Chics go Dairy Produce.
CHICAGO. July 23. Butter lower. Cream
ery. 46i t 52c.
Ckc Receipts, 13.171 cases. TJnehsnsred.
Poultry Alive lower. .springs, 30ti 33c:
fowls, 30I&C
Bar silver Quotations.
NEW YORK. July 20. liar silver. I1.0U:
Mexican dollars. 82 He.
LONDON, July 20. Bar sliver. 55 l-10d
per ounce. Money and discount unchanged.
Duluth Linseed Market.
DLXLTH. Minn., July 20. Linseed on
track, $0.12(30.13; to arrive. $011; July,
$0.1 1 asked : September, $0 11 asked; No
vember, $3.O0; JUecember, $5.82 bid.
Spot Cotton Qaotat Ions.
NEW YORK, July 26. Cotton Spot quiet.
Middling, 35.35c.
Drteri Fruits In N-w York.
NEW YORK, July 26. Evaporated ap
ples, quiet; prunes, strong ; peaches, firm.
Phone your want ads to The Oregro
nian. Main 7070. A !."..
I
OVERBEGK &
COOKE GO.
Broken. Mark, nonda, Crtt.n.
Oratn. fc.tr.
ii-in hoard or tribe bi.do.
MEMBERS) CI"A'0 BOARD OF
TUAUE
MEMBERS
Corre,pnH.nl .f lran t
b Iras ana x.t aor
w York Slork Kirbssie.
(blcac. Plork Eirhsnie.
Boston Stork Kxcbanic..
ChlraKO Board of Trade.
w York Cotton Exetusnse.
New Ortrmns Cotton Exrhanff.
New York Coffee Kirhange.
New York I'rotluc, Kirhaot.
Liverpool Cotton AMoclatlon.
A Steady Income
Idle money Is of no benefit. It must be profitably invested
in order to justify the efforts spent in accumulating it.
t In making: n investment the first requisite is safety; the
' second is the certainty of the interest upon it. These are
the two important factors which the experienced and success
ful investor considers.
With these investors the world over Government and Municipal
Bonds are recognized as the last word in safety and excellence.
The last word because taxable resources far in excess (en,
twenty, thirty times greater than the indebtedness are be
hind them, pledged to payment of principal and interest.
Proof of their desirability lies in the fact that the TJ. S. gov
ernment requires this character of bonds to secure federal
funds on deposit in the banks of the country, and by states,
counties, districts and municipalities to secure their funds.
These are the kind of securities in which your money should
be invested. Government and Municipal Bonds are The Pre
mier Investment. Your money invested in them is a guar
antee of safety, plus a very attractive return upon that
money. Making such investments will always assure you
a steady income.
Be a Coupon Clipper
Write or Call for Descriptive Booklet
Liberty and Victory Bonds
If Sana Mil ym XJbortjr or Victory i ds. Mil t. as.
If y cm boy nor. Liberty mr Victory boada, bay tram ma.
On Paturdar. July IS. th. rloalnc market price, wer. as slvn bslow. Tbey sr
tn ro-rernln, price, for Liberty and Victory bond, all over, th. world, and th.
it, neat. e adv.rtls. the., price, dally In order that you may alway. know th
iw York market and tb. uot valu. of your Liberty and Victory bonds.
. 1st 2d 1st 3d Sd 4th Vic VI o
. H 4s 4, s 4H 41,1 4s li 4,.
Harket Prlc. 3.MJ 134 10 3J 0 ft.0 4.00 195.02 ll D . I9S.M
Accrued Int... .4i .4S .61 .61 .6 1.57 12 J .71 -StO
Total ... t,4.5S 104.41 95 41 $94. $88.59 195 11 $100.67 $10O.T
When buylns- we deduct STa on a ISO bond and $2. SO on a SI OOO bond. W sell
at th. Js'.w York market plus tb. accrued Interesu
Bnrclar ui Fl reproof Sara Depwslt Boxes for Bat.
MORRIS BROTHERS, Inc.
Tb. Premier Municipal Bond House.
Morris Bide, S0S-S11 Mark 6t, bet. 3th and Sth.
Telepbana Broadway Z1S1 Katabllshed .rev SS yearn.
Loans Oversubscribed
We offer the unsold portion of our allotment of:
Government of Switzerland
5l Gold Bonds
DATED August 1. 1919.
DUE Aug-ust 1. 192S.
Principal and interest (February 1 and August 1). payable in
Gold in New York City. Denominations $1000, $500. Thes
bonds are the direct obligation of the Government of Switzer
land. Purpose of this loan is to provide funds for payment of
obligations of the Swiss Government due in the United States.
Price for S'a bonds 96 Vi, to yield over 6
Canadian Northern Railway
Short TerrA, 6 Secured Gold Notes
DATED Aurnst 1. 1919.
I February 1.
(Ausuat 1.
Principal "and interest (February 1 and August 1), payable in
Gold in New York City. Denomination $1000. These Collateral
Trust Gold Notes are the direct obligation of the Canadian
Northern Railway. ALL THE CAPITAL STOCK OF WHICH
IS OWNED BY THE CANADIAN GOVERNMENT, and are
specifically secured by $144286,000 General Mortgage 4 bonds
of the company, maturing 1934, which bonds both as to principal
and interest, are UNCONDITIONALLY GUARANTEED BY
THE DOMINION OF CANADA.
Price, for either Maturity, 100 and Interest,
to Yield 6
FREE
What's What"
in Texas Oil
Straight facts on tho Wonder Oil Fields
of tho World, told by large independent
operator. Also map of producing dlsifict.
lt'a Free. Isaac Limited. Send Today.
JAMK A. Bl IK.
Entire Floor. HHHS-S iiou.toa Street,
Fort Worth. Tevaa.
Total resources $5,360,371,000
Liabilities
Capital paid In I 317.000
Surplus 81.07,OoO
tjffvernment deposits 116.03s.0o0
Due to members, reserve ac
count 1.718,396,000
Other deposits, Includins; for
eign government credits..... 117.444. nOO
Total gross deposits 2.4S7.0itJ,XK)
Federal reserve notes In actual
circulation 2,304.497,000
Federal reserve bank notes In
circulation, net liability 193.849.0OA
All other liabilities 16.3o3.00U
Total liabilities 5.346.S71.OO0
Ratio of total reserves to net deposit and
federal reserve note liabilities combined,
30.2 per cent; ratio of gold reserves to fed
eral reserve notes In circulation, after set
ting aside 35 per cent against net deposit
liabilities. 62.2 pr cent.
TRADE 0NLIlALI.Y IS F.XPAXDrXG
Week' Bevlew of Stork Market Ha, Reas.
Mriaa Feature.
NEW YORK. July 20. Further signs of
expansion In many branches of trade and
manufacture accompanied this w,elc, lea,
active and mora irresular luov.jnenL, of th,
stock market.
The enlargement waa most noteworthy Is
the steel and Irun trade, with It. greatly in
creased bookings and higher prices, th. ex
traordinary demand for such commodities
as textile, and leathers and In th, further
enormaus volume of bank clearings.
Oa to. Slock exchacz. trailing in rails.
Write or phone for descriptive
circular covttino; TAX EX
EMPT MUNICIPAL S0NDS
of
Idaho
Twin Falls County,
Filer Highway Dist.
6 Road and Bridge Bonds
which we own. and offer at prices to
YIELD 58
EXEMPT FROM ALL FEDERAL INCOME TAX
G. E. Miller & Company
Northwestern Bank Bldg. Phone Main 4193
Subscription hooka for these two fine Issue are
rlosed. Anticipating oversubscription we subscribed
for a large amount of each Issue for our own account
and while any of our allotment Is still available
we will accept orders at the original subscription
prices shown above. We reserve the right to cancel
this offer without notice.
Wire orders collect
mm
Freeman Smith & Camp Co.
rorruas, ,as raaacrac.
NORTHWESTERN BANK BUILDING
Main 646
ROBERTSON & EWING
MUNICIPAL BON'DS, FEDERAL TAX EXEMPT
TO NET
6
207-8 X. W. BAXK BLDG.
PORTLAND. OR-
STOCKS, BONDS, GRAIN, COTTON
J. B. STEINBACH & CO., Brokers
S01-3-3 Raflwar E. Bldg-. Fanes-.Mala 23. 2S4.
Direct r-ate Wires to All Priori.. I Markets.
Correapoadeats K. F. lint to. v to C lesnent Cart I, t Co.
Members New York Stock Exchange, New York Cotton
Exchange, Chicago Board of Trade, Etc.
Packet Maanal mm Reaeet-
SECURITIES BASED ON CONSERVATIVE LAND
VALUES NEVER FLUCTUATE
PAY HIGHEST BATES 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 Bids.
r