The Sunday Oregonian., July 18, 1920, Section One, Page 21, Image 21

ft
THE SUNDAY OKEGOXIAT, rOTTCXANT).
.TTXT 18, 1920
K
OREGON APPLE CROP
WILL FALL SHORT
Production of 2,500,000
Boxes Is Estimated.
WINTER DAMAGE GREAT
Yield Placed at 60 Per Cent of
That of Last Year Pears and
Peaches Also Suffer.
turers time a little too strenuously, and
that now they must begin to think of
themselves For it is certain that the
only parties that have rotten any ad
vantage out of the recent slump In wool
I are the manufacturers. Dealers have had
to content themselves with the negative
benefit that they were stopped from buy
ing too heavily at top prices, though the
downward trend of values let them In
for tremendous losses on what wool they
had in stock, and especially on the wools
bought early In the west.
'It Is. manifest that any recovery In
values at this time would be of bene
fit to them, as there ia no longer any
Question of purchases. Ko dealers ' can
be found here who would be willing to
buy heavily under present conditions, even
on the present level of values and even
If the growers were willing to sell. They
ar getting consignments In sufficlsnt
volume to take up about all the available
cash in making the necessary advances,
these running from 15 to 25 cents a
pound.'
CHUCIBLE STEEL STRONG
STOCK DISTRIBUTION SENDS
PRICE HIGHER,
The commercial apple crop of Oregon
will be about 60 per cent of last year,
estimates F. L. Kent, field agent of the
government bureau of crop estimates, from
replies received from several hundred in
quiries sent out to growers of the state.
The December. 1919. estimate was 4.0T1.000
boxes, and on th basis of 60 per cent
this year's Commercial crop should be
2.800.000 boxes. The 1818 crop was 2,013.
000 boxes.
The 1919 Oregon commercial pear crop
was estimated at 615.000 bushels and the
1018 crop at 406.000 bushels. The 1020
pear crop now promises about 60 per cent
of last year or 360,000 bushels.
The Oregon peach crop, says Mr. Kent,
lies probably never before been so near a
failure as this year. Except in the Ash
land and Grants Pass district, the pros
pect is "no crop this season." Two hun
dred acres In the Ashland district are re
ported as having 80 per cent of a crop; no
material loss of trees from winter killing;
some loss from spring frosts. In Lane.
Linn and Benton counties probably 25 per
cent of the trees were killed. In the Balem
district practically ail peach trees In many
orchards were killed. A few Marion coun
ty orchards suffered but very little loss
of trs. but there is no fruit. In The
Dalles district there was soma loss tof
peach trees and a total failure of fruit
in most orchards. The Milton-Freewater
district reports no peach crop this season
with loss of trees ranging from nothing In
some orchards to 50 per cent in others.
A smalt acreage In" Malheur and Baker
counties raports no fruit this year.
The Hood River Growers' association
estimates the total apple acreage at 16.000
with the crop prospect 60 per cent of last
yesr. Tabulated reports Indicate a winter
kill of 3.0 per cent In apple trees In Hood
River valley. The tabulation Includes one
orchard of 35 acres reporting 40 per cent
of the trees killed. This figure (3.0 per
cent) Is much too high for the valley
as a whole. In the Fine Grove district
there was a very heavy loss, but In most
other districts there was practically no
loss. For the county as a whole the loss
is estimated by local men at 4 to 2 per
cent of the total number of trees. One
report says: "A good many trees not
killed show frost injury or were Injured
enough to make them drop their blossoms.
The fruit generally Is reported as being
clean and of gcod slxs. Pear trees also
suffered to some extent. There was
heavy Dioom, but there has also been a
heavy drop. A light crop Is in prospect.
The Mosier Fruit Growers' association
estimates the district apple area at TOO
acres with a crop prospect of 50 per cent
of last year. The Mosier report says
100 early to tell now many trees are
killed outright; many are Injured, ranging
from ono limb to half of the tree: others
injured all over. These latter will eventu
ally die, probably. District loss will prob
ably be about S per cent." Considerable
spring frost damage In the Dufur district
but development ' of young orchards will
make the crop larger than lust year.
One report covering the whole of Benton
county places the apple acreage at 1200
and the crop prospect 60 per cent of last
r. Jackson County Agent Cate says:
"We are -now figuring on an apple crop
of about 300 cars against 500 last year,
and a pear crop of 500 cars against 800
last year." The Marlon county fruit In
spector reports the apple crop prospect at
20 per cent of last year. Lane county re
ports the apple prospect 55 per cent of last
year.
Bank Clearings.
Bank clearlnsrs of the, nnrthwHtnni cities
yesterday were as follows:
tTlpaHners. Balances.
Portland J8.002.0O2 Jl, 114. 500
Seattle 6.258,699 1.49B.821
Tat-oma 850.277 01.432
Spokane 2,857,250 92X.425
Ceariners of Portland. SeatLle and Taco-
ma for the past weelt and corresponding
wee in lormer years:
Portland. Seattle.
.44. 425,333 $44,975,702
40,527,1K:
1920
1919
1918
1917
1916
1915
1014
1013
1912
1911
31.221,064
25.022,638
14. 582,9.52
10.4S2.7iW
8,731,657
9.662,898
0,741,304
B. 420.672
8.S43.440
41,577,451)
21,795.619
14,232.644
11.526,999
11. 586,476
11.238.119
10.770.29
9.757.543
Tacoma
6.225.459
4.805,582
5,032.335
2.752.003
2.269.9S6
1.805.649
2.012.9O7
2,424.493
3.813.277
4.072.6CM1
Good Butter Is Firm.
The cube butter market was firm, par
ticularly on the best grades. Offerings of
the undergrades were liberal.
Eggs were scarce and very firm with
out change in the buying or selling price.
Poultry and dressed meat receipts were
limited and quotations were unchanged.
PORTLAND MARKET QUOTATIONS
Grain, Flour, Feed, Ete.
Merchants' Exchange, noon session.
Sept. Oct. Nov.
Wheat Bid
Hard white $2.45 $2.45 S2.45
Soft white 2.45 2.45 2.45
White club 2.42 2.43 2.44
Hard winter 2.41 2.42 2.43
Red winter 2.40 2.4L 2.42
Northern spring 2.45 2.45 2.45
Red Walla 2.35 2.35 2 85
Oats July. Aug. Sept.
No. 2 white feed 65.00 60.00 67.00
Barley
No. 8 blue 87.00 85 00 85.00
Standard feed 55.50 84.00 84.00
Corn
No. 3 yellow 64.00 64.50 63.00
Millrun 67.50 50.50 46.00
No. 3 eastern yellow 63.00 63.00 62.50
FLOUR- Family patents, $18 75; bakers'
hard wheat, 113.73, nest bakers' patents.
$13.75; pastry flour, $11.80; grabam,
$11.60; whole wheat, $11.85.
MILLPEED Prices f. o. b. mill: Mill
run. $55.5056.50 per ton: rolled barlev.
$t872; rolled oats. $7172; scratch
78; cracked. $790
Half of Ten-Point Advance Is Lost
in Later Selling Other Is
sues Almost Xeglected.
NEW YORK. July 17. For all practical
purposes today's session of the stock mar
ket was barren of results, the yacht race
dwarfing interest in most things of a
financial character.
The only unusual Incident was a sharp
advance of almost 10 points in Crucible
Steel at the opening, on news of an un
expectedly large stock distribution, but
that issue forfeited half its gain later
cashing of profits.
Other leaders registered no material
change, aside from WeHsiFargo Express
and National Aniline. Sales were 135,000
shares.
Actual loans and discounts of the clear
ing house disclosed an increase of over
$42,000,000 against last week's iarge eon
traction, and cash reserves rose about
$19,200,0000. which makes up almost half
of the previous week's loss.
There was a fair Inquiry for popular
bonds, including the foreign group, but
liberty issues continued to lag. Total
sales (par value). $3,123,000. Old United
States bonds were unchanged on call dur
ing the week.
CLOSING STOCK QUOTATIONS.
feed. S87SS8 per ton.
CORN Whole. $770
80 per ton.
HAY Buying price
Alfalfa. $25, cheat $23;
timothy, old. $3536.
f. o. b. Portland:
clover, $20; valley
WHEAT PRICES ON DOWN GRADE,
Bids at Merchant' Exchange Are Reduced
Ono to Six Cent.
The local wheat market went lower yes
terday in sympathy with the 7-cent de
cline at Chicago. Bids at the Merchants'
Exchange were 6 cents lower than Friday
on hard winter, S cents lower on northern
spring. 4 cents on white club. 8S5c on
red Walla and l3c on hard and .soft
white.
The coarse grains were also lower with
corn alone showing activity. Corn sales
postea were:
auu tons September delivery $63.00
100 tons July shipment 63.50
100 tons August shipment es so
The July corn sale was 75 cents under
Friday's bid, the August sale was 26 cents
lower and September was unchanged. Oats
p:as ranged irora 60 cents lower to 50 cents
signer tnan the day before and barley
fiom 80 cents lower to $1 higher.
Weather conditions in the middle west,
as wired from Chicago: "Illinois clear,
fine except some rains In extreme north
west portion. Missouri, part cloudy. Kan
sas, cloudy, and cool. Nebraska, clear to
part cloudy. Iowa, raining In eastern por
tion. Ohio valley, generally clear. North
west Minnesota, clear. Winnipeg, clear
and fine."
Terminal receipts, in cars, were reported
by the Merchants' Exchange as follows:
heat Barley Flour Oats Hay
Portland
Saturday ... IS
Year ago ... 8
Season to date. 643
Year ago . ..Ill
Taeoma
Friday ..... 8
Year ago ... 2
Season to date. 63
Year ago ... 22
Seattle
Friday 1
Year ago
Season to date. 43
Year ago ... 24
S
11
28
1
11
19
88
47
8
1
84
1
10
20
S
1
18
42
2
12
61
1
9
23
20
2
1
94
10
FEW CANTALOUPES LEFT ON STREET
Turlocks Are Due in Latter Part of Week;
3ood Melon Trade.
v-antajoupes cieanea up closely yester
day and the market will be lightly sup
plied for several days. Turlocks are due
In tbe latter part of the week. Melons
coutlhue to sell veey well.
A car of deciduous fruits, including
peaches and apples, arrived from the south
yesterday. More apples are due on the
boat Mouday.
There was a light supply of berries
on the market yesterday and raspberries
were firm at $4 004.23. Loganberriea sold
at $2.75 tt 3.00. Cherries were plentiful and
did not sell well.
The rains are expected to make a great
Improvement In the condition, of Oregon
potatoes. Those heretofore arriving have
been mostly small size. The best Oregons
are selling at '6 cents and California at
T cents.
Dairy and Country Produce.
BUTTE R Cubes, extras. S3 54c pound:
prints, parchment wrappers, box lots, 67c
per pound; cartons, 88c; half boxes, o
more; less than half boxes, lc more; but
terfat. No. 1. 65 j 56c per pound at sta
tions; Portland delivery, 68c.
EGGS Buying price, current receipts,
404t41c. Jobbing prices to retailera: Can
dled, 453M7c; selects, 4S&49c.
CHEESE Tillamook, f. o. b. Tillamook:
Triplets. 29c; Young America. 80c; long-
POULTRY Hens. 20027a; broilers. 25
28c; ducks. 35050c; geese, nominal; tur
keys, nominal.
PORK Fancy, 23o per pound.
VEAL Fancy. 22c per pound.
Fruits and Vegetables.
FRUITS Oranges. $5 0 7.50; lemons.
$4.50i&8 per box: grapefruit. $49.&0 per
box; bananas, 11&120 per pound: apples,
new, $3.25 4. 60 per box; cantaloupes.
$1.7504 per crate; cherries, 6 16c per
pound; watermelons, 4c per pound; aprl-
cota, $2.75 per crate; pineapples. 17Vsc per
pound: peaches, $2.252.50 per box; plums.
$2.8503.25 per box: currants. $2U2.5U per
crate; raspberries, $404.25 per crate; rasa
bas. 607c per pound; grapes. $2.2503.60
per crate; loganberries, $2.7503 per crate.
VEGETABLES Cabbage, 3034c per
pound; lettuce, $1.60 to $2.50 per crate; cu
cumbers, $102.80 per dozen; carrots. $3.A0
0 4.80 per sack; horseradish. 25c per pound;
garlic, 40c; tomatoes, $d.7504 per box
peas, 7010c per pound; beaas, 100140 per
pound; beets, $3.5004 per sack; turnips.
$d.oo per sack; eggplant, 2oc pound.
POTATOES New white, 47c per
pound.
ONIONS Yellow, $2 02.50 per sack.
Staple groceries.
Local Jobbing quotations:
SUGAR Sack basis: Cans, granulated.
23c per pound.
HONEY New. $77.50 case.
NUTS Walnuts, 22036c; Brazil nuts.
40c; filberts, 80c; almonds. 85036c: pea
nuts. 14015-jfcc; cocoanuts, $1.75 per dozen.
SALT Half ground. luo. $11.25 per ton;
DUs. sis.ia per ton; aairy. si.io per ton.
RICE Blue Rose, lofec per pound.
BANSSmalt white. 7fec; large white.
7c; pina. j.a-)sc; lima, xua per pouna
bayous, 1114c; Mexican reds, 10c per
pound.
COFFEE -Roasted. In drums. 39 & 50c.
Ilidea and Felts.
HIDES Salt hlana, over 43 pounds, 14e:
green hides, over 45 pounds, 12c; salt
hides, under 45 pounds, 13c; green hides.
under 45 pounds, 11c; green or salt calf
to 15 pounds, 25c; green or salt kip. 15 to
80 pounds, 15e; salt bulls, 12c; green bulls.
loc; dry niaes, nc ary sait niaes. i.e;
dry calf under 7 pounds, soc; salt horse.
large, $6.00; aalt horse, medium. $3 00:
salt horse, small, $4.ou.
FELTS Dry line long wool pelts, 15c
dry medium long wool pelts. 12c; dry
coarse long wool pelts, 10c; salt long wool
pelts. $203; salt lambs wool pelts. 5Oc0
$1: salt shearlings. 25 0 50c; aalt clippers.
15025c
Provision. '
Local jobbing quotations:
HAMS All sizes, 42046c; skinned. 41
046c; picnics. 2oc; cottage roll, 33c.
LARD Tierce basts. 23c: shortening.
Z-fcC per pouna.
DRY SALTS Short, clear back. 25029a
per pound; plates, 23c
BACON Fancy. 49058c; standard. 889
45c per pound.
Wool. Caacara. Etc
MOHAIR Long staple, 25c per pound.
TALLOW No. L 8o per pound; No. ,
6c
CASCARA
weights, old
per pound.
WOOL Valley, medium, 35o per pound
valley, coarse, quarter blood, 20c; coarse
low and braid, loc; coarse matted, 12c
HOPS Nominal
GRAIN BAGS Car lota: July, 20ftc
August, xv vac
Am Beet Bug.
Am Can
Am Car fc Fdy
Am HL pfd
Am Inter Corp
A m Loco .....
Am Sum Tob..
Am Woolen . ..
Anaconda Cop
Atchison .....
Baldwin Loco.
Beth Steel B..
BAS Copper.
Canadian Pac.
Cent Leather..
Chand .Motors.
Ches & Ohio. .
Chi M &. St P
Chi Tn W ...
Chi R I & Pac
Chino Copper.
Col Fu A Iron.
Corn Products
Crucible Steel.
Cuba Cane Sug
Erie
Gen Electric
Gen Motors . ..
lnspir Copper..
Int M M pfd..
Inter Nickel..
Inter Paper . .
Ke.nnecott Cop
Mexican Petrol
Mid States Oil
Midvale Steel.
Missouri Pac.
N Y Central. .
N Y N H & H
Northern Pac.
Ok Prd t Hfg
Pan-Am Pet..
Pennsylvania .
Reading
Rep Ir & Steel
Royal Dutch..
Shell Tr & Tr.
Sin Oil A Rfg.
Southern Pac.
Southern Ry . .
O of N J pfd
tudebaker Co
exas Co
exas A Pac
Tobacco Prods
ranscont Oil.
nion Pacific.
S Fd Prods.
S Ihd Alco..
S Retl Strs.
8 Rubber . .
U S Steel
do pfd .....
tah Copper..
Westing Elect
Willys.Overlpd
600
400
200
100
800
1.100
6,500
200
100
100
700
BONDS.
U S Lib SHs-.. 90.981 Anglo-Fr 6s ...
. Ha.uuiiV 1 i cv us.
.84.80iAtch gen 4s 7JM
.85.72 D A R G con 4s. 63
.85.021N Y C deb 8s.. 8(114
do 3d 4 ViS. . .8S.68IM f 4S
do 4th 4 Vs. . .85.24 N P 3s
Victory Sits ...95.70; Pac T A T 5s
...-. e-:i 'a con 4s.
do 4K
U S 2s reg. . .
do coupon .
4s reg. .
do coupon
Pan 3s reg.-. .
do coupon .
U
bark Per pound, gross
peel. 12c; new peel. 100
WOOL TRADE MORE OPTIMISTIC
Attitude of Dealer Toward Future of
Market Changing.
The attitude of wool dealers toward the
future of the market is changing, accord
ing to the Boston correspondent of the
New Tork New Record, who says:
"The latest canvass of the local market
ahows a growing feeling that the time
ha coma to take a little more optimistic
stand regarding tha future of the wool
market. Some dealers seem to think that
tbajr have been playing toe. jnanulac-
Oils.
LINSEED OIL Raw. barrels. - $1.83
raw. drums. $1.90; raw, cases. $1.98
boiled, barrels, $1.85; boiled, drums, $1.92
boi!ed. cases, $2.
TURPENTINE Tank. $1.96; cases,
$2.11.
COAL OIL Iron barrels. 14HQ17c
cases. 27 0 34c
GASOLINE Iron barrels. 25c; task
wagons, 25fec; cases, 38.
FUEL OIL Bulk, $2.10 per barrel.
Eastern Dairy Produce.
CHICAGO, July 17. Butler Steady an
unchanged: receipts,
Eggs Firm and unchanged; receipts,
9991 cases.
Cheese Unchanged.
NEW TORK. July 17. Butter, firm, nn.
cnangea.
Eggs Firm, unchanged.
Cheese Unsettled, unchanged.
Naval Stores.
SAVANNAH, Ga., July 17. Turpentine,
steady, $1.51; sales, SO: receipts, 119; ship
ments, 141: stock. 9379
Rosin, firm; sales. 1696: receipts. 909;
shipments, 250; stock 30.84T. Quote: B,
$11.50; D. E, F. G, H. I, $14.631S; K. M.
N, $14.85014.90; WG. WW. $14.90.
Dried Fruit at New Tork.
NEW YORK. July 17. Evaporated ap.
pies dull; prunes quiet; peaches steady.
Cotton Market.
NEW YORK. July 17. Spot eotton
quiet; middling, 42.25c.
Phone your want ads to The Orego
nian, Main 7070, Automatic 660-95.
Sales.
100
600
3O0
2 OO
100
500
200
1.800
290
400
5,300
100
100
1,000
3 CO
400
300
400
500
900
200
100
1,3110
8.500
300
100
6,200
5O0
300
20
1,200
2O0
200
2.800
2.400
300
200
300
400
700
100
2.100
1.500
4.100
70O
500
500
2,700
900
7,400
100
4.000
1.400
100
High.
90
39
135
88
83 Vl
9 7 is
90
88
65
79H
117 Ta
88
23 .
121
63
97
53
84
70
37
29
32
02
153
51
12
141
25
49S
81
17
84
2514
192
21H
40 7,
25
69
80
7J
4
103
39
89
90
113
31
93
29
105
70
4
40
66
1 5
114
64
88
74
93
91
J08
67
48
19
Low.
S9
39
134
88
81
97
89
8ft
65
79
117
8H
23
119
62
96
S3
33
70
36
29
32
91
150
51
12
141
24
49
80
17
83
25
190
21
40
25
69
29
71
4
102
39
88
89
113
75
30
92
28
105
69
45
40
66
14
1 1 4
84
SS
74
91
108
67
48
18
Last
Sale.
90
39
134
88
83
97
1)0
87
E.'
79
117
88
23
121
63
97
63
33
70
37
20
82
92
101
51
12
144
25
49
81
17
84
25
192
21
40
25
69
30
71
4
103
39
SJ
90
113
75
31
93
29
105
70
46
40
04
15
114
64
8S
74
92
91
108
67
48
10
the crop moving period, but were a little
more liberal in purchases of commercial
paper.
Latest wholesale commodity prices re
ceived from authoritative sources fore
shadow another reduction of averages from
June.
The transportation outlook promises to
become a more distinct factor as the time
approaches for adjustment of wages and
freight rates. i
Germany's submission to the terms of
the allies at the Spa conference created
scarcely a ripple on the surface of the
foreign exchange market.
Increase in Excess Reserves.
NEW YORK. July 17. The actual con
dition of clearing bouse bank and trust
companies for the week show that they
hold $29,236,130 reserve in excess of legal
requirements. This is an increase of $19,
218.330 from last week.
Swift A Co. Storks.
Closing prices of Swift A Co. stocks at
Chicago were reported by Overbeck A
Cooke Co. of Portland as follows:
Swift A Co 108
Libby. McNeil A Llbby 12
National Leather '. 11
Swift International 35
SAN FRANCISCO PRODUCE MARKET
Prices Current on Vegetables. Fresh Fruit.
Etc.. at Bay City.
SAN FKANCISCO. July 17. Butter
Extra grade. 59c; prime firsts, 68c per
pound.
Eggs Fresh extra. 59c; first. 04 e;
dirty. No. 1. 64 e; extra pullets. 47 c;
undersized, 35c per dozen.
Cheese 01d-sty!e California flats, fancy.
34c; do firsts. 30c; Young America.
34 c per pound.
Poultry California hen, large. 35038c;
do small, 24027c: strictly young roosters.
85 0 45c; old do. 16017c; fryers. 35040c:
broilers, large, 30033c: ducks, -UJJC per
pound; pigeons. $2.4003.50 per dozen;
squabs, 57 0 60c per pound.
VegetaDies Beans. 608c per pound; do
garden, 609c; do lima, lO012c: bell
peppers, large. 15020c per pound: do
small., 6010c, chili, lO012c; tomatoes.
southern California, rancy. si.oogijja: ao
Merced, $101.50 per small box, lugs, $1
01.75; cucumbers, natural growth, 350
60c; per small box, 60 0 75c per lug; do
0 2.80; cucumbers, natural growth. 800
30c per small box. 60 0 75c per lug; do
hothouse. No. 1, $2 per box; green onions.
$101.25 per box; eggplant, 6 08o per
pound; do Livingston. 12c; peas. 609o
$101.25 per box; eggplant, 601Oo per
pound; do Livingston. 12c: peas, 805o
per lb.; summer squash, per lug. river. 50e
0tl; do bay, $101.50; Italian squash. $1
01.25; corn. Winter, per sack, $303.50:
do bay, $505.50; celeryi bay. fancy. $70
7.50 per crate; potatoes. 506e: do No.
2. 204c per pound on street; sweet po-
Clarksburg, $1.5001.75; corn, $408 sack.
Fruit -btrawberrles, b-ounce oaiikets.
85c 0$1 per drawer; do 12-ounc baskets,
$101.35; raspberries. 73 0 90c per drawer;
blackberries. 50 0 60c per drawer; logan
berries. 55 0 60c per drawer: cantaloupes.
standards. $2.50 0 8 per crate; do ponies.
$202.50: do flats. $101.25: do honeydew
$202.25 per -crate; watermelons. 2 03c
per pound; bananas, Central American,
9010c; do Hawaiian, 10011c per pound;
Valencia oranges, $4.5006.50 per box; lem
ons. $205: grapefruit. $2.5003.50; apples.
White Astrakhan, $1.5001.75 per box; do
red. $1.5001.75; Gravenstelns, 4 - 4 tier.
$2.7803.80; apricots, $1.2501.75 per crate;
50Sc per pound; peaches, 65c0$l per
small box. $102 for lugs and crates.
75c4i.ll. 25 per basket. $1.5002 per large
lug; cherries, .black. 15 (a 25c per lb.; do
Royal Annes, 12018c; do Oregon blacks
$202.50 per box; do Royal Annes. $1.23
01.60; plums, all varieties, $1.2501.75 per
crate; do Santa Rosa, $l.i5; currants, 8
08.50 per chest; figs, black, $101.25 per
single-layer box, $2 0 2.25 per double-layer
box; do white. $1; rhubarb, $1.7502 per
box; grapes. $303.50 per crate; avocadoes.
$9 per dozen; Bartlett pears. $3.80 box.
Receipts Flour, 6510 qrs.; barley. 310'
etls. ; beans. 226 sacks: corn, 12o ctls.: po
tatoes, 335 sacks: onions, 172 sacks; hides,
68 rolls; oranges, 800 boxes.
SHARP BREAK IN WHEAT
LOSS OF SEVEX CEXTS IX
TIOXS AT CHICAGO.
Buying Power Curbed by Weakness
In Northwest Markets; " Coun
try Offerings Reported Heavy.
S Lib 3s.
do 1st 4s...
do 2d 4s. . .
do 1st 4s.
do 2d 4s..
.100
.loo
.105
.105
. .77
..77
S P cv 6s.
So Ry 5s....
U P 4s
U S Steel 6s..
3
62
84
88
95
u
81
1
91 i
I 'Bid.
Mining Stock at Boston.
BOSTON, July 17. Closing quotations:
AUouez 28 North Butte ,. 18
Aria Com 10 Old Dora 24
Calu A Ariz... 57 Osceola 88
Calu A Hecla..80O Qulncy 48
Centennial .... 11 Superior 4
Cop Range ... 87 Sup A Boston.. 3
East BuLte ... 12 Shannon : 1
Franklin 65 I'tah Con 6
Isle Koyalle ... 29 Winona 40
Lake Copper .. 3 Wolverine 14
Mohawk 60 Greene Can ... 29
LIVESTOCK TONE FIRM AT CLOSE
Hog Market Gains $1.50 During Week's
Trading and tlieep Also Improve.
There was no trading at the stockyard
yesterday. - The only recepita were -
cattle and 508 hoga. The tone of the
market at the elose was generally fl
During the week hogs recorded an ad
vance of $1.50 and sheep and lamb are
25050 cents higher than a week ago
Cattle prices have undergone no change
during the week.
Livestock prices at the Portland stock
yards were as follows:
Cattle
Choice grass steers...
oood to choice steers. ....... .
Medium and good steer
Fair to good steers
Common to fair steers.........
Choice cows and heifers
Good to choice cows, heifers.
Medium to good cows, hellers.
banners .....................
Bulls
Choice dairy cal ve. ......... .
Prime light calves
.Medium light calves....
Heavy calves ................
lion
Money Exchange, Ete.
NEW YORK, July 17. Mercantile pa
per unchanged.
Exchange easy. Kterung aemana, fd.si;
cables, $3.88. Francs, demand, 8.11: ca
bles, 8.13; Belgian francs, demand, 8.79;
cable. 8.S1; guilders, demand, 34.95; ca
bles, 34.97; lire, demand, 5.87; cables.
89: marks, demand, .ou; cables, 2.00;
drachmas, 7.69. New lork exchange on
Montreal 12 per cent aiscount.
Bar sliver, domestic unchanged; foreign
89c
Mexican dollars, 67 c.
LONDON, July 17. Bar silver. 52d per
ounce. Money and discount unchanged.
DECREASE IN BILLS OX HAND
Los of Eighty-seven Millions for Week
Reported by Reserve Board.
WASHINGTON. July 17. Combined re
sources and liabilities of the 12 federal re
serve banks at close of business July 16
were announced today as follows:
RESOURCES.
Gold and gold certificates . . .$ 168.77,000
Gold settlement fund federal
reserve board 893.605.000
Gold with foreign agencies... 11,531,000
Prim mixed ...........
Medium mixed
mooth heavv ..........
Rough heavv
Pics
Sheep
East-of-mountain lambs
auey lambs
ull lambs
Yearling
etners ..... ...
Ewe
Total gold held in banks ..$ 674.203.000
Gold with federal reserve
agents 1.152.875.000
Gold redemption fund 144,343.000
Total gold reserves $1,071,421,000
Legal tender notes, sllver.etc. 147,626,000
Total reserves $2,119,047,000
Bills discounted secured by
government war oDllgatlons l.2.s.5S.ooo
All other 1.234.890.000
Bill bought in open market.. 3-6,4il,oop
Total bills on hand $2,846,619,000
U. S. government bond 26,791.000
U. S. Victory notes 69.000
U. S. certificates 01 indebted
ness ZVft.lSZ.OUU
Total earning assets $3,1417.661.000
Bank premises 14.084,000
Uncollected items ana otner
deductions irom gross oe-
Doslts 890.554.000
Five per cent redemption xun-a.
aeainst teaerai reserve
notes 12,400,000
All other resources 4.271.0O0
Total resources $6,208,017,000
LIABILITIES.
Caoltat paid in $ 94.730.000
6urplus 164,745.000
Government deposits 11,790.000
Due to members reserve ac
count 1.887.428.000
Deferred availability items 647,782.000
Other deposits, including ior-
elgn government credits... ov.585,000
Total gross deposit $2,577,495,000
Federal reserve notes In ac
tual circulation 3,135,893.000
Federal reserve bank notes in
circulation net liability .... 18fl.875.0O0
All other liabilities 45.779.0OU
Total resources $6,208,017,000
Ratio of gold reserve to net deposit
and federal reserve note liabilities com
bined, 43.9 per cent.
Ratio of gold reserves to federal re
serve note in circulation after setting
aside 35 per cent against net deposits lia
bilities. 48.7 per cent.
INQUIRY FOR BONDS IS BROADER,
New Foreign Issue Sell Abov Subscript
tion Price.
NEW YORK. July 17. Forfeiture this
week of the greater part of the previous
week's advance in tn stock market sug
a-ested to disinterested observers that soec-
ulative conditions continued to be governed
largely by me strained credit situation.
What the stock market lacked in zta
btllty was partly neutralized by an ex
tension of mid-year investment Inquiry
for bonos, especially me new underwrit
ing. Both the Swiss and Belgian aovern.
ment loans sold above their subscription
prices.
In addition to credit contraction, th
market waa put to a greater test by re
newed signs of Industrial uncertainty. Cur
tailment 01 production in textiles an
leathers mad further progress.
Out-of-town banks made further Inroad
Price.
$10.00 010.50
. 9.50 0 10.00
. 8.7.' 9.50
. 8.000 8.7
. 6.750 8.00
7.500 8.00
8.50iS 7.00
5.500 6.50
3.50 fO 4.50
6.50 6.50
..12.00014
. .11.00013.00
. . 9.00ai0.00
. . 7.00 0 8-50
.$l.R017.SO
, 16 00 16.50
. 12.80015.00
. 10.00012.50
. J.2.00015.00
..$11.00011.50
.. 10.50011.00
. . 7.500 8.50
.. 6.50'rt 8.00
. . 6.000 7.00
. . 2.500 6.2$
OP-
CHICAGO. July 17. Trading in wheat
id not show much activity today. The
weakness in the northwest curbed the
buying power and caused prices to break
harply. At the close wheat showed a
net loss of 7 cents, compared with yes
terday's close, with final prices ranging
rom 3c to 6c under Initial quotations.
with December $2.53 and March $2.38.
Corn was off c to lc and oats were c
c lower. Provisions showed substan
tial gains.
Tne wheat market started reasonably
teady, owing to spreading operations, but
.-hole the market exhibited a weak
tone. Commission houses were mainly on
he selling side and this caused a sharp
break in prices. Country offerings of
wheat to arrive were reported heavy and
liberal purchases to arrive were reported
by many of the big elevator concerns
Claims of black rust damage received by
some houses were offset by the weakness
in the northwest markets. There waa
little speculative activity and the lack of
buying power was a depressing factor.
The Chicago market letter received yes
terday by the Overbeck A Cook company
of Portland, said:
Wheat There was no conspicuous trad
ing at any time during the session. Buy
ing power was lacking and the market
broke sharply on selling encouraged by
waakness in the Minneapolis market.
Temperatures in the northwest will be
closely watched over Sunday aa warmer
weather will no doubt cause apprehension.
Seaboard advices said British buyer took
11 offerings at the gulf overnight. Re
ceiver reported country offerings to ar
rive freely and bids were reduced 3 cent.
corn An active market an oay wnn
the close showing only a fractional change
from yesterday. There was little Inter
est In the cash department a receipt
were light and in line with a poor de
mand. Practically all the known fact
In the situation are bearish, but at the
same time the technical position is tne
reverse of what it was two week ago
and the market is In shape to respond
to constructive developments.
Oats There was little independent
action in thin commodity, selling being
influenced by the decline In ether grains,
rather than a change in the news. Cash
demand was unimportant, receipts light
and premiums maintained. Weather and
crop reports continue favorable. The
nt decline has discounted many oearisn
features and any change In the news
might give a quick upturn when least ex-
nected.
Rye Trade limited and only scattered
liquidation sales necessary to break prices.
The comparative stability of the Min
neapolis market encouraged some local
buying.
Provisions Had strong receiving support
from local packera.
Leading futures ranged a follows:
WHEAT.
Open. HiKh. Low. Close.
$2.58 $2.50 $2.51 $2.53
2.i ..00 -.01
CORN.
1.51 1.4T 1.49
1.38 1.33 1.36
OATS.
Pept 76 .77 .78 .78
Dec 75 .76 .7$ .75
sheviki in the vicinity of Minsk. The
disinfecting train with which Cook
was workins was captured by the
soviet force's, according to the last
carload of refugees which left Minsk.
Cook remained with the train, in the
hope of petting it out in safety. Tha
bolsheviki arrived a little later.
Captain Trever Swett of Hoston,
Mass.. assistant military attache at
the American legation here. was
fired on by a squad of bolshevik cav- j
airy near Vilna this week, but es- i
caped without injury.
ARTICLES ARE FILEDl
California Corporation Authorized ,
to Operate in Oregon.
SALEM. Or., July 17. (Special)
The Hinsdale estate company, with
eadquarter at Gardiner, has filed
rticles of incorporation here. The in
corporators are Evangeline Hinsdale.
Spencer Hinsdale and H. L. Ed
munds, and the capital stock la $1I0.-
000.
J. A. Estes. H. W. Gant and Mary I
Estes have incorporated the Eastern
Cascade Land company, with a capi
tal stock of $5000. Bend will be head-
uarters of the corporation.
Kelly's Olympian company has been
Incorporated by John Unger, Matt
Kelly and J. H. McVeigh. The capi
tal is $2400 and headquarters will be
in Portland.
The Growers pac!: Inn and ware-
ouse association, incorporated, or
ganized under the laws of California.
as been issued a permit to operate
in Oregon. The capital stock has been
ncreased from $1,000,000 to $2,000,-
000.
The Claron company of Portland
has been incorporated by Ben Dey,
Alfred A. Hampson and Roscoe Nel
son. The capital stock Is $500,000.
Q
Yield
Dec . . .
March.
Sept.
Dec.
2.60
1.50
1.38
MESS
July.
Sept.
Sept.
Oct..
PORK.
28.10
28.30 28.38
LARD.
10.10 19.37 10.08
19.40 19.72 19.40
SHORT RIBS.
26.60
28.35
19.S7
19.72
No. 2 yellow. $1.53
90 007c; Ko.
July
Sept 16.92 16.85
Cash price were as follows:
Wheat No. 2 hard. $2.8602.88.
Corn Ho. 2, $1.52
0 1.54.
Oats No. 2 white,
White, 4 395c
Rye No. 2, $2.23.
Barley $1.25 ig 1.28.
Timothy seed $10012.
Clover seed $25 035.
Pork Nominal.
Lard $18.87.
Ribs $15.50016.50.
16.00
10.00
Chicago Livestock Market.
CHICAGO. July 17. Hogs Receipts.
5000. Market, better grades light and
ight butchers 10c to 20c higher; other
grades steady to higher; closing steady;
bulk of sale $13.85016.00; top $18.10.
Cattle Receipt 2000. Compared with
week ago. good to best yearling steer
about steady; grassers and heavyweight
corn feds largely 25c to 60c lower; best
she stock and canners. strong to 25c high
er; othfcrs slow, steady; bologna and
handy butcher bulls mostly 50c higher;
best stockers and feeders 10c to 20c high
er; others slow and uneven; veal calves.
5c to 50c higher.
Sheep Receipts, 7OO0; bulk receipts di
rect, .few sale. Native stock steady; top
lambs.. $15.50.
Omaha Livestock Market.
OMAHA, July 17. Hogs Receipts 4300.
Early sale to shippers 15o to 25c higher.
Stockers mostly steady to loo higher;
bulk $14.00015.00; top $18.25.
Cattle Receipts 600. Market compared
with a week ago: Choice beef and she
stock about steady; ether 25e to Stic
ower; beef bull steady; bolognas 50c
75c lower; veals steady: best feeders
steady; others 25c to 50c lower.
Sheep Receipts, none. compared with
week ago: Fat lamb 25c higher: sheen
50c to 75c higher; feeding lambs 25o to
40o lower.
Kana City Livestock Market.
KANSAS CITY, Mo.. July 17. Cattle.
1600: for week: beef steers and fat she
stock-mostly 25c lower; canners, 25c high-
bulls, weak to 25e lower; calves. 25 0
50c lower: feeders, strong to 25c higher.
Sheep, none: for week: fat sheen and
breeding ewes, 75c0$l higher; lambs, 250
50c lower.
Seattle Feed and Hay.
SEATTLE. Wash., July 17. City deliv
ery: Feed Scratch feed, $00; feed wheat,
$9o; all-grain chop, $80; oats. $7$; sprout
ing oats. $S1; rolled oat. $80; whole corn
$84; cracked corn. $86; rolled barley, $72
cupped Dariey, su.
Hay Esstern Washington tlmoth
mixed, nominal; double compressed, $51
new aiiaifa. h; straw,
Seattle tVbeat Market,
SEATTLE. July 17. Wheat Hard whit,
soft white, white club, hard winter, $2.50
red Walia, northern spring and red win
ter, $2.45.
Minneapolis Grain Market.
MINNEAPOLIS. July 17. Barley, 85c 0
$l.lu.
iiax. No. 1, $3.3903.44.
Duluth Linseed Market.
DULUIH, July IT. Linseed, $3.4008.60.
SALT LAKE PAPEH QUITS
HERALD, PRINTED 5 0 YEARS
SCSPEXDS TODAY.
J
$73,000 Buhl Highway District.
COUNTY OF
TWIN FALLS
IDAHO
Tax
Kxempt
General
Obligation
Dated January 21, 1918. Dae Serially 1934-3T.
Denomination $1000. Price 100; yield 6.
Principal and Semi-Annual Interest Payable In New Tork
City. .
TWENTY MILLION DOLLARS IN PLEDGED property !
behind the $400,000 bonds including; this issueof Twin
Falls County outstanding.
THE BUHL HIOrlWAT DISTRICT EMBRACES 9S.000
acres, practically all of which is under cultivation, and pro
duces magnificent crops of grain, vegetables and fruita.
Cattle raisins is also carried on extensively.
FUNDS DERIVED FROM THE SALE OF THESE kinds
went to construct a modern system of roads and blldgfes, ia
connection with the slate's highway.
Telephone or Telegraph Orders at Oar Expense.
! Morris Brothers iss
JAo Premier cMu7vapaf BondHxuo
IOmHum
n . .
aiix. $00-11 Mark Sc.. Be, fifth ncua
Xaaeauaoa llmMwu slat
1
fjacaQjaara I
Cvi w
MARSHALL PRAISES BOYS
Vice-President KeYlews Young Men
at Training Camp.
SAN DIEGO, Cal., July 17. Vice-
President Marshall today reviewed at
the city stadium before a large crowd
the 1100 young men who nave been in
training: for several weeks in the re
serve officers' training camp at Camp
Kearney. The reserve officer stu
dents, who came from colleges and
schools at many points in the west
and southwest, received warm praise
from the vice-president and army of
ficers for their soldierly bearing; and
for the way in which they marched
and drilled.
The vice-president, Brigadier-Gen
eral Joseph E. Kuhn, commanding at
Camp Kearny, and Lyman J. Gage,
former secretary of the treasury,
spoke at the exercises.
Madame Ernestine Schumann-HeinK
led the audience in singing "The Star-
Spangled Banner."
a
GIRL, 15, ACCUSES FATHER
Blngen, "Wash., Man Is Arrested
on Daughter's Complaint.
WHITE SALMON, Wash., July 17.
(Special.) W. H. Lucy of Bingen,
Wash., was taken to Goldendale Mon
day night and placed in the county
jail following complaint of his daugh
ter. 15 years old.
Lucy is chairman of the county
democratic committee and was a dele
gate to the state convention. He was
given a hearing Tuesday before jus
tice Baker of Goldendale and was
placed under $2000 bail.
The formal complaint was sworn to
by Prosecuting Attorney Ramsey,
who, with Sheriff Henderson, made
the arrest. The child, it is reported.
made a sworn written statement of
her case, covering several years.
Will Positively Advance 50 to
150 within next few days ,
This is the Last Call, positively your last chance to hny stock In.
this company at 10c a share. The investment is ABSOLUTELY SAFE,
for you will be buying an interest in this big, growing salmon, beef,
vegetable and fruit cannery, our general store, hotel and transportation
business, all so strategically located as to be without eompetition. We.
expect to pack 5,000 cases of red salmon- this year at a cost not to
exceed 5 a case. We have contracted for their sale at a price that -will
net us more than 10O per cent profit. Next month we start pack
ing 2000 cases of beef. A few days ago our new $20,000 power boat,
the Blazer, was launched and will be put in commission this week on
her run to the Queet. time 7 hours, freight rate $15 a ton, capacity of
boat 65 tons.. Contract for our new tourist hotel has been let. and
most of tha rooms are engaged for months ahead. Every dollar you
invest with us is used to enlarge the business, finish payments on new
boat and hotel, etc. Every employe is a heavy stockholder. WE
KILLY" EXPKCT TO PAY OVR STOCKIIOI.DKBS SO PKR CEVT Oil
MORE EVERY YEAR, The company is indorsed by banks, commercial
club and business houses. The capital stock is $100,000 all common,
all alike, all non-assessable. Just now you can buy it for lOc-a share.
positively the Last Call. Within two weeks it will be advanced SO
per cent to 150 per cent in price because the progress of the company
warrants it. You can invest any sum from $25 up. cash er negotiable
paper. Send at once for our descriptive circular, nas map, pictures of
hotel, boat and cannery, and full particulars to prove our enormous
profits.
Queets Trading Co., Hoquiam, Wash.
Dates for Fairs Announced.
HOQUIAM, Wash., July 17 (Spe
cial.) The date of the Gray Har
bor county fair, to be held at Elma,
has been announced as September
1-6. This brings the fair at a time
excellent for the display of crops in
this district. The southwest Washing
ton fair, to be held midway between
Chehalis and Centralia. comes the
week preceding, August 23 to tt.
Seattle Livestock Markets.
SEATTLE, Wash., July 17. Hops, re
ceipts, none, steady. Prime, $1717.65;
medium to choice, $16(17; rough heavies.
$1415; pigs. 12&.1S50.
Cattle, receipts, none, steady. Prime.
10. 50011; medium to choice. S010; com
mon to food. sero7.&u: Dest cows and heif
ers. $Sif8.60; medium to choice, 7ftfB;
common to good, $56.50: bulla, S5.5061
6.60; calves, $714.
AGE LIMIT DISREGARDED
President Opposes Compulsory
Civil Service Retirement.
WASHINGTON, July 17. President
Wilson is strongly opposed to the re
tirement under the civil service re
tirement law of civil service em
ployes who have reached the retire
ment age of 65 years but who are in
good physical condition and desire to
continue at work.
'Secretary Tumulty said today the
president had told members of the
cabinet of his desire that they place
a unifc-rm interpretation on the meas
ure which becomes effective July 22.
Telegram, Now Property of Former
Coast Man, to Issue Sun
day Morning Edition.
SALT LAKE CITY. July 17 Sus
pension of the Salt Lake Herald,
which began publication in June, 1870,
and purchase of the Salt Lake Tele
gram by the interests which have been
conducting the Herald, is announced
In a statement to be printed in the
Herald tomorrow.
The statement follows:
"The Bait Lake Herald, which has
been published in Salt Lake for more
than 50 years, will cease publication
after today. The conditions bringing
about the suspension were due to the
high cost of operating and the over
crowded field. There are few cities in
the country the size of Salt Lake that
support four newspapers.
"Coincident with this change the
Salt Lake Telegram announces pub
lication of a Sunday morning edition
beginning July 25. The controlling
interest in the Telegram Publishing
company has been purchased by A. L.
Fish, Thomas J. Mullin and associates.
Mr. Fish stated last night that no
radical change in the management of
the Telegram was contemplated. Both
Mr. Fish and Mr. Mullin are former
Pacific coast newspaper men, who
came to Salt Lake about January 1,
to take over the Herald.
"Mr. Fish, before coming to Salt
Lake, was business manager of the
Los Angeles1 Evening Express and for
10 years prior to that was business
manager of the Portland, Or., Jour
nal. Mr. Mullin, prior to coming to
Salt Lake, had been advertising man
ager of the Portland. Or., Journal."
Short and Long Term
Municipal
i
to yield
SALESMAN WANTED
Established Portland investment house
has opening for experienced bond and se
curities salesman, man with automobile
and who can work out of town part of the
time preferred; an excellent connection can
be made by the right party. Answer, stat
ing age, education and past experience. Do
not answer this add unless you are a real
producer and willing to work. Answers
treated in strict confidence. Address B 976,
Oregonian.
7
Ask for price list.
Write, call or phone.
SUN DISCHARGES PISTOL
Rays Through Automobile Wind
shield Cause Accidental Shooting.
SANTA ANA. Cal.. July 17. Guy
Skidmore of Laguna Beach; near here,
laid his pistol beside him on the seat
of his automobile today as he drove
through a canyon hunting squirrels.
The sun shone on the weapon through
the windshield. The revolver was
discharged.
Skidmore was wounded slightly in
upon their ieutl raiarvas ureUminarr to i bU lai
o
PREFERRED STOCK
PORTLAND GAS & COKE CO.
$98 per Share
Dividends Payable Quarterly.
Normal Tax Exempt.
Surplus after payment of interest and dividends for twelve months ending
May 31, -were as follows; -
1918 1919 1920
$202,000 $319,811 ' $166,916
ROBERTSON & EWING
MUNICIPAL GOVERNMENT CORPORATION
BONDS
207 - 8 Northwestern Bank Bid?. , .
Sax VuooiCQr Hum t4-6
MORTHWtSTCRM BANK BLD6.
6V2 First Farm Mortgages
Tk. Morfares Afford the Greatest Degree of Security. Se.
Thes"FU.st Mortgages on Fertile and Prosperous Farina ia Oreg
Secured' by.
on.
TO AET &.
Denomination 10O0. 2500, 3000, S40O0.
Maturities, Three to Five Tears.
Tour Inquiries for Further Information Will Receive Out
1 H Prompt Attention.
Pacifib Coast Mortgage Co.
Main 675.
Sl Railway Exchange Building.
BOLSHEVIKI REPORT GAINS
Moscow Wireless Tells of More
Advances by Reds.
LONDON. July 17. A gain of
ground by the bolsheviki against the
Poles along the line between Vilna
and Minsk Is reported in Friday's of
ficial statement from Moscow, re
ceived 'by wireless today.
AMERICAN JS MISSING
Oklahoma Man Captured "While on
Expedition. .
WARSAW, July 16. Sergeant Cook
of Fay. Okia.. attached to the. Aineri-;
can typhus expedition to round, is
reported missing since the battle be
ia taa tb Poles &o4 4v 43ian bol-
UNLISTED STOCKS
ANYWHERE
LIBERTY BONDS ANY
AMOUNT
Bought and Sold
HerrinsRhodes'inc.
, ESTABLISHED let.
STOCKSand BONDS..
Railway Exchange Bldgr.
Main 283
Seattle PORTLAND Tacoma
Members Chicago Board of
- . Trade.
NOTICE TO SHAREHOLDERS
Roldfield Merger Mlnea Co.
Reorganized Atlanta Minea Co.
Reorganised Bine Bull Mlnins; Co.
C. O. D. Consolidated Mlnea Co.
(.oldfleld Combination Minis; Co.
Milltown Mining; Co.
Please communicate immediate
ly with the undersigned Secretary
in order that you may be advised
of the plan of merging the above
companies into the Goldfield Deep
Mines Company.
Please state number of shares
you own.
Ii. G. MclUHON, Secretary.
Goldfieid. Nevada.
Foreign Bonds
For immediate delivery:
City of Berlin 4
City of Munich 5
City of Barmen 4
City of Frankfurt. . A
State of Hamburg. . A
At one-sixth of normal value.
Delayed Delivery.
Vienna Treasury
. Bonds 5
At one-twentieth of normal value.
Write for circulars and price list.
Transatlantic
Estates & Credit Co., Inc.
222 Chamber of Commerce Bldg.
Marshall 205
OVERBECK &
COOKE CO.
Brokers. Etack, Bonds. Cettea
Grain. te.
(l-tl7 BOAKU OF TRADE BLDO.
tALBttd CHICAGO UOAJUt Of
laAilK
MEMBERS '
Cerreapondent of Logan Bryan,
Chicago and 2cw Xerk.
New Tork Stock Exchange.
Chirac stock exchange.
Boston Stock Exchange.
Cnieaa-o Board at Trada.
Near York Cotton Exchange.
Mew Orleans Cotton Exchange
Kew York Coffee Exchange.
Kcw x'ork Produce Exchange.
Liverpool Cotton Association.
Capital Secured
We will assist corporations in
good standing:, needing: $100,000
or more for expansion.
Western Securities Co.
283 Stark Street