The Sunday Oregonian. (Portland, Ore.) 1881-current, September 21, 1919, SECTION TWO, Page 23, Image 47

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    THE SUNDAY OREGOXIAX, PORTLAND, SEPTEMBER 31, 1919.
23
FURTHER ADVICE III
OREGON HOP MARKET
on the small sizes. Picnics and cottage
roll will be reduced a cent. A. 2-cent decline
in fancy bacm is noted and 1 cent in other
grades. Dry salt meat prices -will, be low
ered a cent.
Lot of 60 Bales at Silverton
Brings 65 Cents.
GROWERS SLOW SELLERS
As Hig-li as 73 Cents Is Bid for Fug
gles With Supply Nearly Exhaust
ed Picking Returns Poor.
The hop market has had a further ad
vance In th past week. The demand is
strong and dealers all have orders, but few
growers are ready to sell nnw. Two lots
et Gervais str:regatlnK 50 bales were bought
at f4 cents, and the Bowen crop of 60 bales
at Silverton went at 65 cents. This latter
price is now being freely offered.
The. California market is in much the
same position as here, with growers not
disposed to meet buyers on the rapidly ad
vancing market. A little business was re
ported in the Mendocino section at 63 '.4
cents. The Washington market is quiet
with very few hops left to sell.
Oregon fusgles are practically cleaned up.
only a law small lots remaining in the val
ley. As high as 73 cents was bid for the
early variety In the latter part of the week.
Dealers see no reason, from the picking
returns coming in. to change their estimate
of the crop. Not to exceed 35,000 bales is
looked for in this state.
The government figures show exports of
bops from the TJnited States for the period
of September to July both Inclusive to have
been 6,051. 150 pounds.
LARGE INCREASE IV BCTTER SUTPLT
Carloads Are Received From Colorado and
British Columbia,
The butter supply was increased by the
arrival of a car from British Columbia and
another car from Colorado. Good quality
Oregon butter was scarce and firm, but
with the lower grades plentiful and also
In view of the heavy receipts, dealers were
disposed to shade prices on the inferior
scores in order to move stocks. Demand,
however, was lacking, as practically every
one was liberally supplied. Trading stocks
were increased to 245,548 pounds. Storage
holdings were reduced 534 pounds. Re
ceipts were: Pounds.
California 1,068
Colorado 23.7-"9
British Columbia 25.7SO
Oregon 3.HU4
Washington 1.158
Bunk Clearings.
Bank- clearings of the northwestern cities
yesterday were as follows:
Clearinps. iiaianrrs.
Portland ......SU.1U7.-::'- l.jilu.oMS
Seattle b,l4 1.763 2,5.1"-
Tacoma t.4 4.!ii.". l-.i:
Spokane 2.576.H07 l.lr.u.OlU
Clearings of Portland. Seattle ana ucoum
for the past week and corresponding week in
former years were:
l acoma
S5,l'tf.1!t 5.h71.ft:
3.4:mvj5
2.446. 7JS
1.U45.71S
2.0SS.058
2.416.4.-.4
4.3:i',22;
4.4MI,2C4
5,Sil.44."
5,632.2:10
S. 050,574
4,156.585
3.376.008
Portland. Seattle.
1019 J46.07S.755 S52.S20.149
l'.HK 32.261,315 47.S.70,ll39
1917 1U.M92.4B4 26.763.M1
1916 14.031,91 17.5X3.70K
1915 10.35S.S71 12.027. 0U2
1914 11,161,792 11.44S.328
1913 13,937, S70 14.367,059
3912 12.03S.7S8 11.87,90
1911 ll.4O0.424 10.755,260
1910 11.278,184 11,772,514
19(19 Ii.895.414 8.092.790
39"(7 7.S53.693 11.227.233
1906 6,306.047 12.268.570
1005 6,228,957 8.046,286
LOWEST PRICES DF WEEK
STOCKS ARE DEPRESSED BY
APPROACHING STRIKE.
Total 56,223
The Pacific Coast Butter Review, issued
yesterday by the bureau of markets, says:
"A scarcity of the finer butter was very
noticeable during the week just closed,
very little 93 and 94-score butter being of
fered. Offerings of under-grades were very
liberal and had a somewhat depressing ef
fect on the butter .-narket in general. The
demand of the government the last few
weeks is largely responsible for the shortage
of fancy butter on the wholesale market
at San Francisco. Prices advanced cent
on 01-score butter at Portland and ls cents
at 92-score at San Francisco during the
week. Receipts at Portland and San Fran
cisco total 453.069 pounds as compared with
339,808 pounds last week, but heavy t re
ceipts this week being due to increased
arrivals at Portland. Storage holdings at
Portland, Seattle and San Francisco show
a reduction of 104,716 this week against
a total reduction of 344,440 pounds last
week.
Fresh Oregon Eggs Scarce.
The egg market was firm with little
change in prices. Very little select Oregon
stock is available. Receipts were 120 ca.es
from Oregon, 26 from "Washington and 20
from Idaho, a total of 166 cases. Receipts
for the week were 1214 cases against 1421
cases the preceding week. Street stocks yes
terday were 2117 cases. Storage withdrawals
were 2S2 cases.
Dressed poultry receipts were 225 pounds.
Storage withdrawals were 215 pounds and
1280 pounds went in, making total storage
holdings, 166.380 pounds.
Oregon Bartlett Pears hipped
Oregon pear shipments Friday were 24
cars, of which nine went to New York, six
to Chicago, four to Washington and one each
to Ottawa, Minneapolis, Baltimore, Pitts
burg and Havana. At the Baltimore auc
tion 628 boxes of Oregon Bartletts were
sold at S4.90&S5. an average price of $494.
Three-Cent Drop tn Cheese.
A decline of 3 cents in cheese prices was
announced by jobbers. Local receipts were
3416 pounds from Oregon, 1685 pounds from
Colorado. 1650 from Michigan and 47 from
California. Receipts for the week were 66.
230 pounds against 75.218 pounds in the
preceding week. Storage holdings were re
duced 1105 pounds.
PORTLAND
Grain
MARKKI QUOTATIONS
Flour. Feed, Etc .
Merchants' Exchange, noon session:
-OIU
Sept.
..$50.00
Oct-
$51.50
Nov.
S52..00
62.00
62.50
62.00
40.50
51.75
62.00
63.00
56.00
HO. 00
52.00
61.00 S6.00
Irregular Recoveries Are Made at
Close of Session Steel Re
gains Half of Its Losses.
NEW YORK. Sept. 20. The approaching
steel strike was again the sole factor of Im
portance in the stock market today, many
prominent Issues recording lowest quota
tions of the week with Irregular recoveries at
the close.
United States steel yielded slightly more
than a point at its worst, but regained ovr
half Its loss and allied shares moved in
much the same manner, but motors and their
subsidariee were inclined to weaken.
Thrre were a few features of comparative
strength, notably Tobacco and such spe
cialties as American Linseed arm National
Lead.
Elsewhere, Including transportations, de
clines of 1 to 3 points were recovered. Total
sales amounted to 500,000 shares.
A deficit of slightly more than S53.000.0OO
In actual reserves of the clearing house, the
largest ever reported by that institution,
lacked definite explanation, but was at
tributed to heavy payments' for federal taxes.
Bonds were steady, but featureless, liberty
issues again supplying most of the activity.
Total sales, par value, aggregated S8.5OO.0OO.
Old United States 4s were lower by 4 per
cent on call during the week, and the others
unchanged.
CLOSING STOCK QUOTATIONS.
Last
Sales. High. Ixw. Sale.
5uO .5 3t 85 14 85
8.4O0 56V3 55 bim
l.-'vMi 131Vi i:io 131
3UO 122 121 U. 12114
16.600 100 103 103 i,
5o0
4.1O0
1.9O0
6o0
2.XOO
uiiO
loo
25.700
3UO
38..SOO
plums, 50C&I1.25. all varieties: peaches. SI
small box; melons, crate, cavabas. 504965c;
cantaloupes, standard, 9L.&0i 1.7B; ditto
pony, SIS 1.25: ditto flats, 60Mlc; figs,
black, 50f9t)c single layer box; white, 7kt
85c; raspberries, S15ftl6 chest; strawberries,
S11016; blackberries, Sioxll; huckleberries.
13916c pound; grapes. Malaga, H.25O1.50
tokay. 1.23'1.50.
Receipts Flour, B588 quarters; barley.
3529 centals; beans. 800 sacks: potatoes, 666
sacks; hay, 329 tons; hides, 335; wine, 2000
gallons.
co'ast and eastern dairy fbodcce
Butter Market at Sun Francisco and Lead
ing Eastern Cities.
Boston Butter market very quiet today
and feeling somewhat firmer.
Chicago Market very firm and i Ic
higher on top grades. Underscores still
dragging. More activity In general and
chief check on business is shortage of
stocks, particularly on whole mliks: central
ized that are full 90 meet good demand, but
arrivals mostly poor stock.
New York Market showed little change
from yesterday. Fine butter steady, with
a little better feeling on cars. No change
in prices. Receipts were light. Street slocks
were fairly large and storage holdings were
increased.
San Francisco The market was about
steady at yesterday's prices. Trading was
fair with considerable offerings ol unaer-
-Mi-:.- -"ww" va uf jf t-itJ v.
turn
56.50
S2.20
57.00
WHEAT BUYING HAS ALMOST CEASED
Coarse Grain Bids Are Reduced at Mer
chants' Exchange.
There is very little wheat buying in the
country for shipment to Portland. The mills
arc not disposed to take on any more while
the strike continues and dealers are equally
cautious.
Ooarse grains were lower at the noon ses
sion of the Merchants' Exchange. Sacked
oats were down 50c&$l. clipped oats 25c$l,
old corn $11.50 and new corn 50c&l. Blue
barley bids ranged from the same as Friday
to 50 cents lower, and feed barley SI lower.
Eastern bulk barley orfers were reduced 60
cents. Chicago options closed '.to 2 cents
lower at $1.32 for September and $1.23 for
December. At San Fransisco $2.02 14 was
hid for December barley as against a sale
at $2.06 H the day before.
"Weather conditions In the middle west,
as wired from Chicago: "Minneapolis, Du
Juth, clear, cool, 50; Winnipeg, cloudy, 55;
Chicago, cloudy, cool; Quincy. clear, fine;
Kansas City, cloudy, threatening, 72; St.
Louis, clear, fine; Topeka. clear, 70; Hutch
ison, cloudy, cool; Kentucky, clear, rains
last night at Louisville and Lexington;
Tennessee, clear, fine: Ohio valley, cloudy,
cool; Davenport, raining; Omaha, clear, 70,
no rain; Superior, Neb., reports nearly Inch
of rain. Forecast": Illinois. Missouri. Wis
consin, probably showers, cooler; Missouri,
probably thunder storms tonight and Sun
day, part cloudy, cooler; Minnesota, unset
tled tonight, cooler, Sunday probably fair,
cooler; Iowa, unsettled, cooler; North Da
kota, fair, cooler: South Dakota, Nebraska,
Kansas, part cloudy, cooler."
Terminal receipts, in cars, were reported
by the Merchants' Exchange as follows:
, Wheat. Bar. Fir. Ota. Hay.
mi Liauu, oaiuraay. 41 2 16 4 15
ictir et 7 12
Total this week.... 329 2 105
Year ago 420 71 27
S eson to date. . .. .21 16 101 470
Year ago 2705 286 353
Tacoma, Friday ... 35 ...
Year ago 17 ...
Sf8son to date. ... .4164 46 T"
Year ago 1423 17 7!
Seattle. Friday .... 54 2 4
Year ago - ... . . 15 ... .
reason to date ....1196 88
Year ago 1478 19
3
14
20
216
197
2
134
431
59
59
6
5
lfil
157
41
86
461
768
3
1
237
34S
12
414
760
ENGLAND'!
CORN SUPPLY INCREASES
Continued Liberal Clearances From Argen
tina Are Reported.
While the demand for corn 4n the United
Kingdom continues to be actively main
tained, the gradual increases in the volume
of arrivals and the improvement to distri
bution appears to be having some effect
upon the supply and demand situation. Buy
ers' Inquiries are less urgent and there is a
tendency among consumers to anticipate
larger quantities of this cereal within the
near future. European consumers regard the
outlook for supplies very optimistically,
cables Broomhall.
Continued liberal clearances from Argen
tina are encouraging and the declining
prices in that country serve to reflect the
enormous quantities available for exporta
tion. There is no doubt Argentina has suf
ficient to supply all likely demands from
foreign sources, so that exnnrtprs 1 '
. ,oi".7 uu , uosion ......
anxiety about making provision for future I Chicago
needs. Oats offerings of both native and 1 New York ....
foreign in the United Kingdom show an - 1 Philadelphia .
couraging Improvement, but the demand ap
pears less active.
Oats
No. 3 white feed.
Barley
Standard feed . 61.50
No. 3 blue 62.00
Corn
Wn a vfMn-ar 62 00
Eastern oats and corn in bulk:
I I U o
36-pound clipped . . . 48. 0O
3S-pound clipped ... ..51.00
Corn
No. 3 yellow . ...6L00
Barley
No 2 56.00
WHEAT Government basis.
bushel. ...
FLOUR New crop patents. $10.75; bak
ers' hard wheat, $10.5010.75; whole wheat.
S10.05; graham. $9.85; pastry flour. $10.25;
straights, S10.
M'.LLFEED Mill run. f. o. b. mill, car
lots, ton lots or mixed cars. $3940: ton lots
or over, delivered. $1.60'a2 extra; rolled
barley. $68; rolled oats. $00; ground barley,
$68; scratch feed, $78.
CORN Whole. $70; cracked. $72.
HAY Buying prices, f. o- b. Portland:
Alfalfa. $304132; cheat. $17(19; clover. $21
,22; oats and vetch. S21SJ22; valley timothy
S26W2B.
Dairy and Country Prod ace.
BUTTER Cubes, 91-score, 60c; 90-score,
58c; prints, parchment wrappers, box lota,
65c; cartons, 66c; half boxes. He more;
less than half boxes lc more; butterfat. No.
1, 65(&3 60c per pound.
CHEESE Tillamook, f. o. b. Tillamook,
triplets. 33c; Young Americas. 34c; long
horns, 34c; Coos and Curry, i. o. b. Myrtle
Point, triplets, 32 lie
EGGS Oregon ranch, candled, 6264c;
selects, 66367c
POULTRV Hens, 2327c: broilers. 249
27c: ducks, 2563oc; geese and turkeys nom
inal. VEAL Fancy. 25 26c per pound.
PORK Fancy, 24tj-25c per pound.
Fruits and Vegetables.
FRUITS Oranges, $5. 75 6.75; lemons.
$6&8.25 box; bananas. Dy-9ViC per pound;
apples. $1.25&2.50 per box; cantaloupes.
$1.253 per crate; peaches, 7590c box;
watermelons. 2c per pound; grapes, $22.75
per box; pears, $2,5043; casabas, 2Vc
pound.
VEGETABLES cabbage, $3ie?3.ou per
100 pounds: lettuce, $2. 25(3:2.75 per crate;
beets, $2.502.75 per sack; cucumbers, 73c &
SI a box; tomatoes. 75c$i$l per box; beans.
84j9c; green corn, 30'e:40c dozen; eggplant.
7H&9c pound; turnips, $2. 50422.75 per sack;
carrots. $2.25 2.50 per sack.
POTATOES New, $2.7o'$ per sack.
ONIONS Oregon. 3'i(ji3V;c per pound.
Provisions.
Local jobbing quotations:
HA-US All sizes, choice. 3940c: stand
ard 384j39u; skinned. 33iu.3Uc; picnic, 25c;
cottage roll, 30c.
LARD Tierce Dasis. ic; compouna, zftc
per pound.
JJKI SAL 1 anon, clear oacas, .o'ooc;
plates. 261290; exports, 29fy32c.
BACOIN Fancy, 4(tfoc; stanaara, ca'
45c; choice, dbc.
Staple Groceries.
Local jobbing quotations:
SUGAR Sack basis. Fruit or berry. $9.6S;
beet, $9.55; golden C, $9.15; powdered. In
barrels, $10.25; cubes, in barrels. $10.40.
NUTS Walnuts, 2836c; Brazil nuts, 35c;
filberts, 30c; almonds. 24 & 30c; peanuts. 1$
SALT Halt ground, 100s, $17 per ton;
50s, $18.75 per ton; dairy, $26.50 028.00 per
ton.
RICE Blue Rose, 14 He per pound.
BEANS Pink. 7c; lima, lOtte pat
pound; bayous. 7c; Mexican red, 7c.
COFFEE Roasted. In drums, 39050c
Hops, Mohair, Etc
HOPS 1919 crop, 65c per pound.
WOOL Territory staple. 48 58c, accord
ing to shrinkage; clothing or French comb
lng, 45&Mc; half-blood combing and cloth
ing. 45&60c; three-eighths clothing and
combing, 4565c; quarter-blood clothing and
combing, 40&57c; common and braid, $4
1 00c.
MOHAIR 1918 clip, 45c per pound.
T4.LLOW No. 1, 13c per pound; No. t,
12c per pound; grease. $S10c per pound.
CASCARA BARK New, 11c per pound.
GRAIN BAGS In carlots. 19c
Oils.
LINSEED OIL Raw, barrels. $2.46: raw.
cases. $2.56; boiled, barrels. $2.48; boiled,
casea. $2.58.
TURPENTINE Tanks. $1.91; cases, $2.01.
COAL OII Iron barrels. 13 V 4 16c; tank
wagon. 13Hc; caseaw 24&31c
GASOLINE Iron barrels, 23 He; tank
wagon. 23 He; cases, 34c: engine distillate.
Iron barrels, 16c; tank wagftn, 16c; rasitTi
26HC
Dairy Produce in Storage.
Storage holdings of butter, eggs and cheese
in the leading markets yesterday were:
Butter Pounds.
Porltand 9S4.516
Seattle 1.62.787
San Francisco - 1. 8O5.180
Boston 16.8X9.394
Chicago 32.019.OU7
New York 28,348.291,
r'nnaaeipnia 3.993,933
Total .......
Eggs
Portland ....
Seattle
San Francisco
Boston
Chicago
New York . . .
Philadelphia .
Am Beet Sugar.
American Can..
Am Car & Fdry
Am H & L Did.
American Loco.
Am Sin & itefg.
Am susar Rt lg.
Am Siim Tobac.
Am Tel & Tel. ..
Am Z L & Sni . .
Anaconda Cop..
Atchison
A G & WISSL
baldwln Loco
Bait sc Ohio .
IJeth Steel B
B & S Copper
cam I'etrol ...
Canadian Paclf.
Central Leather
dies & Ohio .
Chi M & St P. ..
Chicago & N W.
Chi R I & Pac.
Chlno Copper . .
Colo Fu a.- Iron.
Corn Products..
Crucible Steel ..
Cuba Cane Sug.
r S Food Prods.
trie
General Electric
General Motors.
Gt Nor pfd ....
Gt Nor Ore ctfs
Illinois Central. .
Inspir Copper ..
lnt M. M pfd . . .
Inter 'Nickel . ..
Inter Paper ...
K C Southern
Kennecott Cop.
Louis & .Nash.,
5oO
3. loo
Sou
7.400
"ion
800
KM)
300
2iH
3.500
6.700
l.lOO
2. 51 HI
0OO
2O0
3.500
700
500
2,300
6. loO
2.500
SOO
4O0
700
2O0
Mexican Petrol. 12,S(0
too
5.0O0
1.70O
30j
200
390
5o0
1O0
300
7. 900
1.300
JOrt
300
800
3.0110
2. 900
oO
Miami Copper.
Mldvaie Steel . .
Missouri Pacific
Montana Power.
Nevada Copper.
N Y Central . ..
N Y N H & H..
Norf A West . ..
Northern Paclf.
Pan-Am Petrol.
Pennsylvania ..
Pitts & W Va . .
Pittsburg Coal..
Ray Consol Cop.
Reading .......
Rep Ir A Steel.
Shat Ariz Cop..
Sin Oil & Rofg. 10,200
Southern Pacif. 7.1oo
Sout hern liy . ..
Studebaker' Cor.
Texas Co
Tobacco Prods..
Union Pacific ..
Unit Ret Stores.
U s Ind Alcohol
U S Steel
do pfd
Utah Copper . ..
Western Union.
Westlnsr Electric
Willys-Overland
Royal Dutch
National Lead..
Ohio Cities Gas.
300
22 7O0
1.3O0
3.600
l.rtoO
22.0O0
4on
62.100
:;on
700
100
3.600
3.100
10.900
500
3,000
High.
85
56 Va
131H
122
100
75 it,
129
90
09 H
21
66
89 V
151
129 '4
40
97
24
4S
1-31
05 H
.....
90 H
25
40 T4
43
8. -.4
181 .
33
83 H
15
164
235
84 H
41 H
58H
117H
2. -,
5314
18
3. -.H
I08
206 M
26 H
49 H
27 V4
63
1714
71H
31
98 H 1
86H
116H
43
32 H
62 H
22 4
7 H
89 H
1314
58
99 H
24 H
113
264
IOI
121'i
1"7H
131 34
IOI hi
113H
8214
53 H
31
9. -.
81 '4
50
I.O w.
8514
55
130 H
1211
103
74
128 H
88 V
97 H
21H
65
89
151
125H
40
9414
24 H
47
150
93 H
"40H
90
25
40 H
43
84 !4
176
33
83
1SV4
163
230 V-
84
41
"5714
116
25 H
53 '4
17H
35
10T
20314
2814
4s H
27
" 62i
17H
71 H
30
98 V
86
113
42-4
32 H
62
22 H
77 '4
8714
13
674
98
24 H
110H
259 H
98H
120
in.-,H
131
IOO ti
113H
81
83
52 H
.31
93
81 14
50H
129
88 H
99
20 H
60
89
151
120H
40
95
24 H
47
150S
94
55
' 40
P0
25
40 H
43
84 H
177
33
83
i-.v,
163
231 H
84
41 H
021,
5H
116H
25
53 U
17 74
35
107
205 ' f
26
- 48
27 '
62
17
71
30
98 14
80
115H
42
32
62
LIVESTOCK MARKET CLOSES QUIETLY
3.00 4.50
5.00 4 7.50
8.00 1 14.00
17.00 J! 17.50
16.60lS17.00
15.50 is 16.50
p .S0 16. 50
77
89
13
5S
98
2414
111
20
99 H
120
inn
131
lot
1 1.1 ti
. 81
83
53
31 H
95
81 H
50
Only One Load of Cattle Received at 2rth
Portland lards.
Receipts at the stockyards yesterday wera
only one load of cattle, 26 head, and trad
ing was practically at a standstill. -two
common steers, averaging 795 pounds, were
sold at S7.50 and one 890-pouna steer at
$6.25. The general tone of the market
was unchanged and there was no indication
of any radical change in conditions for the
opening of the week.
Quotations at the yards were as follows:
Best steers $10.50 4J. 11.50
Fair to good steers 7.50 ro 8.25
Good to choice steers 9.5010.50
Medium to good steers 8.50 39 9.50
Good to choice cows, heifers... 8.50 9.00
Fair to good cows 7 TtO rb 8.6O
Medium to good cows, hellers... t.ihj
Cannurfl
Bulls
Calves
Hogs
Prime mixed ........- ...
Medium mixed .......
Rough heavies ...............
Pigs
Sheep
Eastern Oregon lambs ........ 12.25 13.00
Ewes 5.00 7.50
Valley lambs 11.00112.00
Tearlings 7.50' 9. 00
Wethers .7.00 u 8.SO
Omaha Livestock Market.
OMAHA, Sept. 20. (U. a Bureau of Mar
kets.) Hogs Receipts 3200, market active,
steady to 15 cents higher than yesterday's
average. Top, $17.25; bulk, $16.5017; heavy
weight. S16.75fe.17: medium weight. 116.75
ft 17.25; light weight, $16.75 17.25: heavy
packing sows, smooth, S16.59Q' 16.75; pack
ing sows, rough, S16-20& 16.50 ; pigs. $15
16.50
Cattle Receipts 300, compared with week
ago; beef steady. She stock $11.25 lower,
bulls and canners, 50 cents lower. Veals
steady, heavy calves 25 cents lower. Block
ers and feeders unevenly 50c(j$l lower.
Sheepi Receipts none, compared with week
ago, fat lambs 75 cents lower. Yearlings
and sheep 50cf?$l lower. Feeding lambs
and ewes $11.50 lower.
Chicago Livestock Market.
CHICAGO. Sept. 20. Hogs Receipts 800O,
mostly steady. Heavy, $16.5042 18; medium.
S16.55& 16.25; light. $17.25B. 18.25; light light,
$ 16 17.75; heavy packing sows, smooth, $16
U16.50; packing sows, rough, $15.25 15.75;
pigs, $15 0-16.60.
Cattle Receipts 600; compared with week
ago. beef steers, stockers and feeders
steady to 25 cents lower. She stock steady
to 25 cents higher. Bulls 50 to 75 cents
lower. Calves 50 cents to $1 higher.
Sheep Receipts 2500; compared with week
ago, killing grades Irregularly $112 lower,
choice western lambs declining least. Breed
ing and feeding sheep and lambs. $1.50&
2.50 lower.
f"1'"'!' aniiiijiim, 1 mm j sm.miw '1 11 nn s 1 w.m ti l( isic yms ' "iff 1 '-inm'i. 11 m 1.1 (iaiikshh , u i i i iui t..ny i u 1 .win, .'.,
X- Til I HIS I ml 11 I I I I 1 11 11 1 ' 1 1 1 IjT ' I 11 1 1
rj
WITH STEED STRIKE ALMOST
CERTAIN, BEARS CONTROL.
Bid.
BONDS.
fj S Lib 3'is lOO.OOlAm T T cv 6s. 100
do 1st 4s unquoted. 'Atch gen 4m .... 77
do 2d 4s 93.84 N Y C deb 6a. . 96
do 1st 414s 95.1 2'N P 4s 77 H
do 2d 4s 94.20 N P 3 56
do 3d 4 '4 s. . . .95.70 Pac T c T 5s. . . . 83
do 4th 4 s. . .93.82'Pa con 4Hs t!"3
oils . . . . ji.i. o f cv as.
do 4s 99.96 So Ry 5s ..
u r rei reg. .-::'-, u 1 4s ....
do coupon ...99V.ITT S Steel 5
U S cv 3s reg. . lAnglo-Fr 5s
do coupon ...89 1
U S 4s reg 'luB Bld; toffered.
do coupoa ..106 J
...85.723.198
Cases
........ 32.067
40.278
101.172
422.129
1.766.349
1.166. S32
249.335
Total
Cheese
Portland ....
Seattle
San Francisco
Grants Pass Grapes Plentiful.
Peach receipts were large but the move
ment was slow and prices rather weak.
Elbertaa will be available during the com
ing week, also late Crawfords and Clings.
Tokay, muscat and malaga grapes from
Grants Pass are coming in freely and sell
well. The cantaloupe season is nearly over
and the demand is subsiding.
The orange market has advanced and
probably will remain firm until navals be
gin moving.
More Bednctions In Provision Prices.
There will be more declines in the pro
vision market Monday, according to a new
price list just issued. Hams will be one
half to 2 cents lower with the largest cut
3.778.762
Pounds.
.... 450.983
.... 634.017
. ... 1.402.877
. ... 4.788.496
12.531.1S6
6.557.196
1.615.681
Total 27.980.436
Coffee Trade Waiting.
NEW YORK. Sept. 20. The market for
coffee futures was narrow today and com'
paratively small orders cauped irregulu!
fluctuations. The opening was 32 to 39
points hlpher. owing to a rally in Santos
futures and covering for over the week end,
but after selling at 15c December eased to
14.65c. or within 7 points of last night's
closing price under scattering liquidation or
local pressure. -mat delivery closed at
11.79c with the gertral list showing a net
advance of 21 to 23 pclnts. Sentiment was
unsettled by the labor situation in the steel
trade, buf the small volume of business was
most largely attributed to a desire to wait
for further developments in Brazil. Septem
ber. 15.39c: Of: to he -, 15.18c; Oecember.
14.79c; January, 14.75c; March. 14.70c; May
14.64c; July. 14.6oc.
Spot coffee nominal; Rio Ta 15 H; Santos
4s 25.
103
SS
. . . 83
. .. 98
... 97
Mining; Stocks at Booton.
Closing quotations: North Butte
Allouez 41 lOld Dom ...
Ariz Com 14U Osrenla
Calu Hecla...410 IQtilncy
Calu 4 Ariz.
Centennial . .
Cop Range . .
r.ast Butto .
Franklin
Isle Royalle .
Lake Cod . .
Mohawk ....
71:sup & Boston.
17;Shannon ,
51 1, Utah Con
16Winona .. .
4
S3
5
67
Wolverine . . . .
tlreene Can . .
. 15
. 41
.. 58
.. 61
. 3
- 2'.
. 9
. 1
. 23 V.
. 41
Seattle Livestock.
SEATTLE. Wash.. Sept. 20. Hogs No re
ceipts; steady. Prime, $17 It IS. 50 ; medium
to choice. $16917; rosgh heavy, $1010;
pigs. $15410.50.
Cattle Receipts. 30: steady. Best steers.
$10,501(1 11.25: medium to choice, $9t9.50;
common to good. $6"7: best cows and heif
ers. $7 49; bulls. $5$ 7.5o; calves, $7.25 4P
15.50.
Kansas City Livestock Market.
KANSAS CITY, Sept. 20. Sheep Receipts
400. Market for the week: Westerns steady
to 25 cents lower: fat sheep, 50 cents lower;
breeding stock, steady: native lambs, $1
lower; feeders, $1 to $1.25 lower.
Money, Exchange, Etc
NEW YORK. Sent. 20. Vprronllt.
5,514 per cent. '
Sterling Demand. $4.15i: cables. 14 11
Francs, demand 8.94. cables 8.92: iriillrion.
demand 37. cables 37; lire, demand 9.96.
cables 9.94; marks, demand 4, cables 4.
Mexican dollars, 88 c
LONDON. Sept. 20. Bar sliver. 2d per
ounce. Money and discount unchanged.
Decrease in Excess Reserve.
NEW YORK. Sept. 20. The actual con
dition of clearing-house banks and trust
companies for the week shows that the re-
rei-erve heia is $03, 186,140 below legal re
quirements. This is a decrease of $98,867,420
irom last weeK.
Seattle Fred and Hay.
SEATTLE. Sept. 20. City delivery feed,
mill. $45 per ton; scratch feed, $80: feed
wheat. S82; all-grain chop, $74; oats, S62;
sprouting oats. $71; rolled oats, S64; whole
corn, $76; cracked corn, $78; rolled barley,
$71: chipped barley, $76.
Hay Eastern Washington timothy mixed,
$36'i37; double compressed, $40; alfalfa,
3132; straw, S15&10: Pugct sound, $31
Naval Stores.
SAVANNAH. Ga., Sept. 20. Turpentine
firm, $1.68 fl.69; sales, 190; receipts, 177;
shipments. 133; stock. 10.043.
Rosin firm. Sales, tool; receipts, 680;
shipments, 118; stock, 49.955. Quote: H
$15.75; D, $16.80; E, 17.15; F, $17.65; 1,
J17.89; H. $18.20; T.($19.30; K, $19.59: M.
$20.40: N, $21.40; WG, S22; WW, $22.70.
Eastern Dairy Produce.
CHICAGO. Sept. 20. Butter higher;
creamery. 47 056c.
Eggs Receipts 7049 cases, unchanged.
Poultry Alive, unchanged.
NEW YORK, Sept. 20. Butter steady, un
changed; eggs unchanged, steady; cheese
steady, unchanged.
Dnluth Linseed Market.
DULUTH, Sept. 20. Linseed, $4.03.
Cotton Market.
NEW YORK. Sept. 20. Cotton Spot.
quiet; middling. 80.30c.
Dried Fruit at New York.
NEW YORK, Sept. 20. Evaporated ap
ples, nominal. Prunes, slow. Peaches, dull.
UNSETTLED WEEK IN STOCK MARKET
Strike of Workers in Steel Industry Para
mount Influence in Speculation.
NEW YORK, Sept. 20. Declaration of the
steel strike, effective Monday, was the par
amount Influence of a very unsettled week
In the stock market. There were occasional
wide fluctuations in equipments, tobaccos.
motors and other speculative issues of less
definite description, but those movements
attracted little attention. Respecting the dis
turbed labor situation, there was a feeling
that the walkout of the seel workers might
yet be averted, although surface indications
at the week end offered little hoDe for it.
In the trade the impending strike caused
widespread regret, the more so because large
contracts for fabricated steel and Iron were
in process of final negotiation and some mills
were operating almost ta capacity production.
Domestic and foreign money markets pre
sented striking contrasts, time funds for
home use showing an easier tone, while ex
change continued to move more unfavorably
against France, Italy, Germany and Austria.
The Investment situation Indicated marked
improvement, this being especially noticeable
in the great strength and activity of liberty
and victory bonds.
SAN FRANCISCO PRODUCE MARKET
Prices Current on Eggs, Vegetables. Fresh
Fruits. Etc.. at Bay City.
SAN FRANCISCO, Sept. 20. Butter
Solid cubes. 64 He.
Eggs Fresh extras. 8614c; extra pullets,
61-c.
Cheese New firsts. unquoted; Young
Americas. 36 He '
Poultry Hens, 3738c; large. SO 32c;
small, young roosters. 3637c; old, 229
24c: broilers, 31&'34c: fryers. 33 35c: pige
ons. $2.50 tf 2.75 dozen; squabs, 45o5Ue
pound.
Vegetables Lettuce. 75c S1 crate: egg
plant, 6075c lug box: bell peppers, 5075o
box; chile, 50&75c; summer squash, 504P75C,
large lugs: cream. 75cm SI box; tomatoes,
75c9$l large lug box: potatoes, garnet. $2.25
&:2.50; new crop, sweet, 6$r5c pound;
onions, yellow, $2.25 cental; red. S2.75; cu
cumbers. 60r75c box: green corn, $2'2.25
sack; okra, 604r75c box: garlic, 20?22Hc
pound: beans, string. 4 41 5c pound: wax, 4 0
5c; limas, 5r6c; peas, 89c per pound; cel
ery. S3.50'ij;4 crate.
Fruit Oranges, $4 5.60 box; lemon $5(7
6: grape frulte, $5tt6: bananas. 8&,9c pound;
pineapples. $2.402.50: Bartlett pears, $3(9
3.50 box; apples. 3H tier. Gravenstein. 75c fa
$2.50; Bellefleur, $1. 7542.25: crabapples, 75a
jjaoc; small box; quinces. Hi 1.15 lug box;
DAILY METEOROLOGICAL REPORT.
PORTLAND. Or.. Sept. 20. Maximum
temperature. 68 degrees: minimum tempera
ture. 51 degrees. River reading, 8 A. M.. 3.0
feet; change in last 24 hours, none. Total
rainfall (5 P. M. to 5 P. M.). none; total
rainfall since September 1. 1919. 2.68 Inches;
normal rainfall since septemoer 1, .Wtf-incn;
excess of rainfall since September 1. 1919.
1.6: Inches. Sunrise, 6:50 A. M. ; sunset,
7:13 P. M. ; total sunshine, 12 hours 17 min
utes: possible sunshine, 12 hours 17 minute
Moonrise. 3:06 A. M. : moonset. 5:23 P. M.
Barometer (reduced sea level I, 5 P. M., 30.1U
Inches. Relative humidity: o a. .m., uu per
cent: 1 P. M., 52 per cent; 6 P. M., 49 per
cent.
THE WEATHER.
STATIONS.
3s
Wind
Weatbsr.
Baker ....
Boise
Boston ...
Calgary
Chicago ...
Denver . . .
Des Moines
Eureka ...
Galveston
Helena
tJuneau
Kansas City..
Los Angeles ..
Marshfield ...
Medford
Minneapolis . .
New Orleans..
New York
North Head . ..
North Yakima.
Phoenix
Pocatello . . . .
Portland
Roseburg
Sacramento . .
St. Louis ....
Salt Lake ....
San Diego
San Francisco.
Seattle
Sitka
Spokane
Tacoma
Tatoosh Island
tValdex
Walla Walla.
Washington -Winnipeg
421 6--"0.00il6!N ICIear
54l 70I0.00 20, NW Pt. cloudy
5 74ii.oo 10 s t-iear
42 60 0.OO14 NW Cloudy
Krt Sti ll. 20122.SW Clear
561 so o.oo!. .ISW Pt. cloudy
1 681 8s o.o r.' sw iciouay
I... I 6410.00-Jil ." Clear
801 S4 u . 00 A3 r-r. ir-r. ciovdj
50 00 0.001. .ink r-ioudy
4s 50'0. 26 . . SB Rain
72 S40.00I..S Cloudy
62 72:0.001. .SW !Pt. cloudy
50 70,0.00114 Nwiriear
.. 86 O.O0 lO'.VWjClear
52 90 O.O0 22 NW Cloudy
7f. 90 0. 021.. is (Cloudy
62l 8O-0.OIV16 S Clear
561 5'00o!lS NW Pt. cloudy
4SI 74'0.oo'i2' w t.iear
6Sj P6 0.90i..W Clear
581 6 u.OO'16 SW Clear
r,o 6so.ooi..,n Pt. cloudy
5rtt 74'o.iHi . .i.-s i.iear
70I 98 o.oo'lO NW Clear
I S4O.0626S iRain
74 O.WM2.NW
70 O.OO . . w
Clear
PL cloudy
1 lear
Clear
Clear
74 0.00 34:W
64 O.OOl. .W
. . .10.20!.
0.8 0.00,12 NW;Pt. cloudy
Jl'l) 110 . . 1 .-s
54' 60 O.OOL .lw
40146 0.521. .IN Rain
541 72 n. 001. .IS W (Clear
68l sn'o.oo: . . ;s Clear
fi-2' o.ooii4 v iPt. cloudy
jr-i. ciouuy
o:iear
tA. M. today. P. M. report of preceding day
FORECASTS.
Portland and vicinity Fair; gentle north
.l.rlv winds.
Oregon and Washington Pair; gentle
northwesterly winds. .... , .
FRANK GILL AM, MeleorologiaC
THE coupon clipper brings a feeling of inde
pendence and self reliance. He knows that
, every so often he can go to his safe deposit
box, take out the Government and Municipal bonds
which have been so safely placed there, and clip the
interest coupons from his bonds. It is so easy and
so sure so safe.
A Government "or Municipal Bond is just like so
much money inthe bank, but with this added advan
tage you get a very profitable rate of interest upon
your bonds, and idle money in the bank doesn't bring
anything.
If you want to figure it out for yourself you will find
that $1000 invested in Government or Municipal
Bonds drawing 6, and the interest invested in the
same kind of securities will, at the expiration of 20
years, amount to $3200. Be a coupon clipper.
Ask about our Partial Payment Plan.
The Premier Municipal Bond House
Capital One Million Dollars
Morris Building, 309-11 Stark Street, Between Fifth nd Sixth
Telephone: Broadway 2151. Established Over a Quarter Century
PORTLAND, OREGON
A)
SELLING IS FREE!
Prices Br eat 2 V Cents Before Any
Adequate Support Is Encountered.
Ou ts Alo Dcp r cssed .
CIT7CAGO. Sent. 20. A r invent certainty
that the tit eel workers' strika would not be
averted put the corn market today under
bearish contml. Pric-es cloned unsettled. W
lic net lower, with December fl.'Vn'
and M iy $1.20 Fr l.liu. Oats lout Si
d 1 c. rrovuioDS xinunea uncaaiigea it;
$1.10 down.
Free selling; of corn on the part of specu
lators and commission houses quickly de
veloped and values broke about 2V,c before
the market encountered any adequate sup
port. The majority of traders took but lit
tle notice of other factors than the Impend
ing (riant disturbance of the steel indnntry.
Oats were depressed In sympathy with ,
corn. j
Provision tended sharply downward for I
the same reason as ftratn. Cutting of the 1
operated alao aa an evident weight on the
market.
Farmers Would Hold Grain.
CHICAGO. Sent. 0. Uneasiness over the
threatened steel strltce and other disturbing
Industrial conditions have done much to
force dowr. the corn market this week, not- j
withstanding farmers movement to hold J
back itrmin and livestock so as to obtain '
higher prices. New crop deliveries had fall
en to the lowest prices yei mw wa-on. iwi
bears putting all the emphasis possible on
the fact that values were still far above a
pre-war basis when -announcements appeared
that Illinois ana inaiajia urmcr.
zations proponed to fight for an upturn In
the value of rural commodities. For a short
time upturns did ensue, but later the atten
tion of traders focused more and more on
the possible injurious business results of the
steel strike. Kainy weather, which seernea
likely to delav receipts of corn, proveu sub
sequently to be only a transient Influence
toward avsrtlng decline of values.
Leading futures rangea. as xouow.
LIBERTY AND VICTORY BONDS
If you nut ell your Liberty r Victory bonds, eell to na.
If you ran buy more Llbertj or Victory bond, buy from us.
On Saturday. September I'O. 1PU. th closing market prices were as given below;
They are the governing pric for Liberty and V ictory bonds all over the world,
and the highest. We advertise these prices rinily in ordr that you may always
know the New York market an! the exaict value of your Liberty and Victory honiis.
lnt 2d 1st I'd Gd 4th Victory Victory
m 4m 4 4 419 4 S 44S o 4.9
Market ,...$100.uo 503.00 $.U.Ki rj $94.4 05 $lo4 $ :! $
Interest b3 1.U7 1.40 1 13 1.4i .07 1 M 1.26 I.60
Total luo.D.T i.;.07 ?.v:in $;; :., $9."i.T3 r5.77 $101. is $loi..r
When buying we deduct oT on a $.M bond and 92.50 on a $1000 bond. We Fell
at the New York market plu the accrued Interest.
Burglar and 11 re proof nfe leponit Boxes for Rent.
Open Intil 8 P. M. on Saturdays.
MORRIS BROTHERS, INC.
THE PKKAIIER KLNieiPAl. BOND HOUSE.
CAPITAL.. ON K MILLION HOLLAR?
Morris BnildiiiK. 30U-31L Mark Mrert, ltFtorrrn I ifth and Sixth.
Telephone Hroauway --M.,l. i-:i.t,n.H..i over Veiin.MMH
Open.
Low.
Close.
Ic.
May
OcC
Oct.
Jan.
Oct.
Jan.
...54.r,0
.....19.00
. lT.sa
J1.21U
33.S0
23. S.-!
21.13
13.55
17. -45
l.K1
.70
33.80
23. R5
21.15
1R.3T
17.45
HlKh.
CORN.
1.22 1.234
l.MX. l.'l4
OATS.
.S
.7Ui .71,
PORK.
34.70 34.75
LARD.
24 0
21. BO
RIBS.
1'..K
17.&2
S-?NoC,!2Wm7xU. J1.46V4 01.4T; No. S
"'orNowhUe. 69V470c; No. 3 white.
Hye NO . nominal, iio.
Barley $1 IS 130- ...
Timothy 4.MS sll.25.
Clover Nominal.
Pork Nominal.
L.ard 23.P5.
Klbs 18.i0 19.50.
Minneapolis Oftun Market.
wtvn'EAPOLIS, Sept. 20. Barley, 95c
flax. $46g4.2.
GERMANS BUY U. S. HORSES
Auction of Army Mounts Relieves
Scarcity of Work Animals,
urc-nr vnnir Manv of the horses
j v... .v.. AmMvffnn arm v In Franca
usu uj
are now used in commercial pursuits
in Germany, aecorainn it luruicuam
Thomas P. Walsh of El Paso, Tex., a
ntrtrer who arrived from
France recently on the troopship Iowan.
He said at w ingore. uermanj'.
- hnmAii were auctioned, the
French having- first call, the Poles sec
ond and the Uermana miru. iuo ucoi
horses brought $500 each and tho others
approximately half that sum. Ter Ger
mans were glad to gret anything; that
had four legs to replace men- mnvu
cows, which they had in harness.
T llifiu - ..wm.
arrived on the transport Santa Mal
ta with the bigr toe off his right foot
as a result of skylarking on the way
here from t rance, un r riuy uk - "
playfully slapped the ship's butcher on
his sunburned shoulders. The butcher
had a cleaver in his hand, which he
dropped as he Jumpedf. It fell on Rose's
toe, cutting it off.
GOTHAM'S GROWTH RAPID
Population Estimated to Have Be
come More Than Six Millions.
NEW YORK. The population of New
York city July 1, according to a survey
of the Newspaper Feature bureau, the
result of which was made public re
cently, was e. 244,616 as compared with
4.766.883 tn 1910, an increase of 31 per
cent. Of the total. 120,138 are listed
as negroes. The whites of native
Commerce Safe Deposit and Mortgage Company
ANNOUNCES
the organization of the
Commerce Mortgage Securities Company
a subsidiary corporation, to carry on the mortsace and bond business
heretofore conducted by the Commerce Sale Deposit and Mortgage
Compan y.
The two companies have a combined capital of
$245,000.00
91 Third Street.
Portland. Oregon.
The officers of both companies are
li. M. Cake. President.
It- F. I'rael. Vice-President.
llerbert Bradley, Secretary.
parentage are given as 1.206.926; of
foreign parentage. ,384,384 and of for
eign birth 2,525.292.
According to the survey the sexes
are almost evenly divided. The num
ber of males is given as 3.123,565. The
city has 1,878.211 males of voting age
and 333.012 illiterates more than 10
years old. Th'ere are 1,337.283 fami
lies. The 20 largest cities in the country,
with New York leading, are given as
Chicago, with a population of 3,059.
396; Philadelphia. 1.936.260; Cleveland.
936.300; Detroit, 936.300; Boston, 830.
625; St. Louis. 824.435; Baltimore. 736.
030: Pittsburg, 667.381: Los Angeles,
574.556; San Francisco, 555.882; Buffalo,
516,932; Milwaukee. 504.707; Cincinnati.
472.66S; New Orleans, 440.797; Wash
ington. 430.390; Minneapolis. 421.971;
Newark. 416.963; Seattle, 395.323 .and
Rochester, 349.038.
ADVERTISING IN NEW FIELDS
Paid. Publicity lU-cruited in "War
Against Lawlessness.
HONOLULU, T. H. (Correspondence
of the Associated Press.) Newspaper
advertising has found a new field in
Honolulu. Paid publicity has been re
cruited as an aid to the foes of lawless
ness. Judge William H. Heen. who re
cently took office as city and county
attorney, is buying space in the local
dallies to further his campaign against
gambling.
The following classified advertise
ment has appeared:
WANTED Any Information afrsinst
professional gamblers, owners of gambling
Joints and ehe-fa bankers. Such Inform,
tlon will he treated confidentially and. If
reliable, will be paid for.
'Section 41.N2, R. L. 1915. provides that
persons participating in gambling games
cannot be prosecuted if used as witnesses.
WILLIAM 11. HKK.N-.
"City and County Attorney."
"Judge Heen became a candidate for
city and county attorney while on the
federal bench here and made profes
sional gambling the issue of the cam
paign. Orientals, it is said, are very
fond of gambling and so conduct their
games that detection and successful
prosecution is difficult.
$50,000 IN JEWELS STOLEN
Burglary at New York Homo Is Re
ported to Police.
NEW YORK. While Mr. and Mrs.
Joseph Paerno of Independence avenue
and 252d street, Riverdale. were at
tending a masque ball at the Allen
hurst hotel. Allenhurst, N. J.. thieves
entered their summer home at No. 5
Cedar avenue, Allenhurst. and stole
Jewelry from Mrs. Paterno's bedroom
valued at $50,000.
Mrs. Paterno had taken the Jewels
from a vault In an Asbury Park bank.
She wore some at the ball and had
Intended to wear others at another ball
at the Peal inn. After notifying the
police of Allenhurst and Asbury Park,
Mr. Paterno called in a rew xorit oe
tective agency.
"The Jewels were valued not so much
for their money value as for sentiment
attached to them," Mr. Paterno said.
"We have not yet completed the list,
but among the missing jewels is a dia
mond chain and plaque containing 125
or 130 diamonds and worth, when I
purchased it several years ago, 118.-
000. Other jewels gone include sev
eral diamond dinner rings, a three-
stone diamond ring. some solitaire
rinps of large caret, bracelets studded
with diamonds and a lavalliere."
Mr. Paterno is a New York contrac
tor with offices at No. 601 West 115th
street.
YELLOW MEXICANS DECRIED
Marriage of Women to Chinese Is
Rousing Indignation.
EL PASO. Tex. Agitation against tho
marrying of Chinese men and Mexican
women is spreading in Sonora, Chi
huahua and other states of Mexico.
This has long been a source of much
ill-feeling against the Chinese, aa many
have married Mexican women in the
north. Villa gave this as his reason
for killing many Chinese at the time
of his campaign in 1917. and was cred
ited with saying the Chinese were try
ing to make a "yellow race" of his
people.
1
5
OVERBEGK &
COOKE GO.
Brokers. Stock, Bonds. Cotton,
Ormin. Jlvtc
18-217 BOAKU OF TRADE BLDG.
MK.MBE1U IHIfAfrO BOARD OF
TKAUK
MEMBERS
Correspondents of Ixican Jt Bryan.
Chicmjco and 2w York,
New York Stock Exrhanfe.
Chicago Htock Exchange.
Boston Stock Exchange.
Chicago Board of Trade.
New York Cotton Exchange.
New Orleans Cotton Exchange.
New York Coffee Exchange.
New York lToduce Exrluuifa.
Liverpool Cotton Association.
6 Net MORTGAGES 6 Net
DO TOU BELIEVE IN OWNING
YOUR OWN HOME?
OUR CLIENTS DO
We finance their building contracts
with our own money at lowest rates
of interest.
WESTERN BOND & MORTGAGE
COMPANY
80 Fourth St. Portland, Or.