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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Aug. 1, 1920)
THE SUNDAY OREGOMAX. PORTLAND, AUGUST 1, 1920 WHEAT PRIG IS STILL UNDER WAY Cereal Goes Down 10 to Cents at Exchange. 12 OFFERS ON CURB LOWER Sales Are Hcld'Xp by Sensational Developments In Market Hold ers of Wheat "Withdraw. The sensation! drop lit wheat Quota tions continued In Portland yesterday when prices went Jown 10 to 12 cents . on the local boards at the session of the Mer chants' Exchange. There were no sales. Holders ol wheat have practically with drawn from the market as the result of the developments here In the past two days. Dealers are also showing little dis position to buy at going prices, as indica tions yesterday were declared to poln to a proboble further drop in figures the first of this week. Unofficial offers on the curb following the cession of the Merchants Exchange yesterday were reported -at a figure con feiderably lower than bids made during the cpsion of the exchange. Some dealers yesterday declared that the phenomenal drop in quotations was bound to be followed by a reaction .which would shoot the price up again. Other contended that bumper crop condition; were sure to make for at least a $2 wheat at Chicago, with a conesponding dros here. ' The drop yesterday orer previous quo tations was 10 cents for hard winter and northern spring, 11 cent for hard white And 12 cents for all other grades. The drop was principally due to the bearish market news from Chicago. Reports on weather conditions yesterday announced that there was scattered rain In the Chicago, Milwaukee. Ohio and Min neapolis districts. St. Louis and Kansas City reported partly cloudy weather, warmer, with no rain. The crop situation throughout the coun try is declared to be probably better than figures Issued by the government would in dicate In a financial letter for August 1. Issued by the National City bank of Chi cago. The letter predicts prosperity this year to the agricultural areas, provided the railroads prove equal to the task of trans porting the products to the market. The tetter says of the crop situation: "The crop outlook, considering the con dition or all crops, is excellent and likely to show further Improvement during this most Important month of the crop year. Although the government's July figures for all grains show 10 per cent less acre age than last year, the promised yield Is only 3.3 per cent smaller and about 1 per cent below the. ten-vear average. Further more, the total wheat estimate, while be low last year, shows a decline of only 1.6 per cent below the five years prior to 1918. The total crop situation Is probably consid erably better than these figures Indicate for weather conditions of late have been distinctly favorable and there is good rea ort to look for pronounced Improvement In the forthcoming government report. It is significant that potatoes; tobacco, flax, rice and apples show Improvement as com pared with a year ago, with the promise of a total value for all crops above the five year average. This estimate is based upon a continuance of favorable conditions and euch progressive improvement as may be reasonably looked for during the next few weeks. The most trustworthy advices por vide basis for believing that the comlnn year will, witness cemtiriued prosperity in tho agricultural area, providing the rail roads give those communities the shipping facilities that they require." Terminal receipts In cars were reported" by the Merchants' Exchange yesterday as follows: Wheat. Barley. Flour. Oats. Hay. Portland Saturday .... Tear ago. . ... Tot. this wk. Year ago Season to d'te Year ago Tacoma F.iday Year ago Season to d'te Year ago Srattlo Friday Year ago Season to d'te Year ago would be nearer down town and conse quently not so isolated. Xiie bureau oversees the grading of grain and has charge of enforcement of the bu- j reau of standards act. II A J L STORM LEVIES HEAVY TOLI Aggregate Damage to Grain in Lewlston Section 1,500,000. An aggregate loss to grain men of $1,600,000 is declared by G. F. IHnwoodie. traveling freight and passenger agent of the S. P. S. raid road, to have been the result ot a severe hail and wind storm which recently struck the Rlparia and Lew is ton. Idaho, section; The storm is' said to have been the most severe experienced In that district for 20 years, and much grain previously in ex cellent condition is now a. total loss. In a report -made to the Portland office of the railroad, Mr. Dinwoodte says of the storm: Thi storm affected -the Snake River valley from Riparia to Lewiston and then up through Moscow, Pullman and Palouse wheat belt. Many places the rain and hail was so heavy it was termed a 'cloudburst and in some instances farm buildings and implements were swept down the river. A total loss to grain men of $1,500,000 was the result. "The section, Lewiston to Grangeville, which takes in Camas prairie proper, was not so badly damased. Only in a few in stances Jthe wheat was broken .down by heavy rainfall. Canuu prairie farmers are looking forward to one of the best crops known in that section." MALAGA GRAPES NOW IN MARKET Shipment of California Elbert a Peaches Arrive Here, The first shipment of Malaga grapes was received In Portland yesterday from California. The grapes were In good shape and went readily at $4 a crate. Dealers anticipate that these grapes will begin to come in In good quantities this week to take care of the lociil trade. Shipments of California Elberta. peaches are now coming to Portland In Jarge quantities. They continue high, and owing to the peach shortage this year It is prob able that the prije will hold up. California Bartlett pears afe now being distributed In the local market. They are going at $5 a box. Bank Clearings. iBank clearings of the northwestern Cities yesterday were as follows: Cl earl n es. Ba 1 a n ces. Portland 4.7o:,613 $ 80."V.0iKr Seattle 5.572,204 , 1,8.S2.71 Tacoma 0J4.4SU t0.J72 Spokane 1.4.17.817 4SO.270 Clearings of Portland. Seattle and Ta coma for the past week and corresponding week in former years were: STOCK TRADING SMALL UPWARD TEXDEXCY SHOWN BY RAILROAD ISSCES. Portland. Seattle. Tacoma. 10'jo. . .$:;o.7CO.o.;4 $::4.77.a:.7 S4.i4S.424 1010 . 20.:i!:(,:i2l U.327.1ii7 4.254.21& 101 S . . 21.JN7.tiof B4.ti41.10ft 4.;tl7.o$7 1017 i:t.l20.0:!ti l(..!)r..2ni 2,."r.i74 10H;. ; 10.70.'i.2.r. 13,025.7 7 8 2.0:50.44 0 101.".. ..... fuioo.ftoo io.!7i.;;:;4 3,o$:t.i:j4 1014 0.508.174 ll.llS.riiiT 1.04.H() 1013 10,724,802 11.7S0,2tf2 2.403.026 California Grapefruit In. California grapefruit ns now being shipped in to take the place of the Florida variety, which is now out of the market. Quotations on the California variety, which is not considered as good as tha' from Florida, are $4 to $4.50 a box. PORTLAND MARKET QUOTATIONS Grain, Flour, Feed, Etc. Merchants Exchange, noon session; clearly reflected in the market for inter natlonar remittances. . Bid Sept. Oct. Nov. Hard white $2.12 $2.13 $2.14 Soft white 2.10 2.11 2.12 White club 2.10 2.11 2.12 Hart winter 2.10 2.11 2.12 Red winter 2.08 2.09 2.10 Northern spring ... 2.10 2.11 2.12 Red Walla 2.05 2.00 2.07 Oats July Aug. Sept. No. 3 white feed.. .... $40.00 $47.50 Barley No. 3 blue 48.00 40.50 Standard feed 47.00 45.00 Corn No. 3 east yellow.. 5S.O0 C7.50 50.00 FLOUR Family patents. $13.75; bakers' hard wheat. $13.75: best bakers' patents, $13.75; pastry flour, $1 1.80; graham, $11. no; whole wheat, $11.85. MILLFEKD Priees f. o. b. mill: run, $o i ,jb per ton : rolled barlev. rolled oats, $71fc72: scratch $S7i s.s per- ton. CORN Whole, 7778; cracked. $79 SO per ton. HAY Buyinjr nricc. f. o. b. Pnrtlnnrl- Alfalfa, $25i2: chest. $23: clover, sail; valley timothy, new, $29$r30. 30 3 5 15 1 4 2 22 f3 1 2 S 8 05 7 10 0 43 101 15 52 31 04 206 43 77 59 117 10 ..618 3 1 . . . . 1 177 3 203 3 ' 3 122 IS . . 11 39 14 2 .... R 2 , 3 80 28 1R4 03 20 45 31 44 TRt N E MARKET ACTIVITY SLIGHT Foreign Demand Absent Big Crop to Be Harvested in State. Activity In the prune market stilt re mains at a low ebb with practically no pales reported. It Is Impossible to quote a definite price at the present time, although some con tracts were made seme time ago at 10 to 16H cents for the 30-35s. Whether the market will open later on at that figure dealers are unable to predict at the pres ent time. There is practically no export demand now. The high rate of foreign exchange Is one detriment to the making of sales in foreign countries. In addition good crops of prunes are reported in France and the Balkans. Bomcming ue unite in me way of ac tivltly In the market is expected this month when It is believed a price will be set. The crop will start to coming in early In October. This year's crop In Oregon Is estimated at 0,000.000 pounds which it Is declared will be a record-breaker. The fact that the crop is heavy will mean, it is declared, that there will be a greater run ot small prunes. BEAN QUOTATIONS MAKE DECLINE .ocal Tomatoes Will Be Plentiful This Week at t.5 a Box. A further decline In quotations on greei and wax beans has been registered in the local market as the result of the good quantities coining in. Wax beans are now quoted at S cents and. green beans at cents a pound. a good graue of cabbage Is now coming in and daily shipments of celery are being received. The cabbage Is quoted at 2H cents a pound and the celery at $1.25 a bundle. Green corn is now down to 60 cents a uoccn. Local tomatoes will begin to be plentiful this coming week. Tomatoes are now juotcd at $l.4o a box, but drops In quota lions are anticipated. BONDS OF NORTHWEST DESIRABLE John L. F.tberidge Says Pro perl ty of Sec tion Make Paper Good. "Bonds of tho northwestern states arc particularly attractive now for the reason mu prosperity nna progress are fcolag nam in nana, mraing for the gene.nl welfare of the people." says John L Eth- erldge. president of Morris Brothers, J no. in bpizzerinatum, otricial organ of the employes or that house. "Every dollar added to the improve men nd development of the northwest places 5ust that much irore value on and curity back of the bonds issued by com mnnitics wicnlu them, making them ot still grtater investment attracttvenedfe. Maraket Bureau Moves. S The headquarters of the. United States r-urcau of markets has been moved from I he postofTice building to offices on th third floor of the Board of Trade building. Tha change a mad so tbat the bureau Mill feed. Dairy and Country Produce. BUTTER Cubes, extras. 54c noiind : prints, parchment wrappers, box lots, 57c per pound : cartons 58c; half boxes. c more; less than hair boxes, lc more: but ter fat. No. j, 55 (& 00c per pound at sta- lens; Portland delivery. 5ShG2u. EGGS Buying price, current reeefnt. 45&40c. Jobbing prices to retailers: Candled. 4Sfir50c; selects, 51 & 52c. CHEESE Tillamook, f, o. b. Tillamnnk: Triplets. 2c; Young Americas, 30c. POULTRY Hens. ISfri 20c: tr.iilr- 9J-. ducks. 25 & 35c; geese, nominal: turkevs' nominal. PORK Fancy, 23c per pound. V E A L Fancy. 24c per pou n d. Fruits and' Vegetables. FRUITS Oranges. $5.75 7. rn- imnn HoQtpfl per box; grapefruit, $4i450 per box; bananas, ll$$12c per pound; apples, new, $3jS-4 per box ; cantaloupes, $2..M& 5.50 per crate; cherries, 8'9c per pound; watermelons, 4 c per pound; apricots, $3 per crate; pineapples, 37 He per pound; peaches, $1.85 per box; plums, $2.853.25 per box; peach plums, $2 per box; cur rants. $212.30 per crate; raspberries, $3 3.75 crate; casabas, 6c per pound; grapes, $2.2o&4 per crate: loganberries, $2.75 9 per crate; pears, $5 per box. vegetables Cabbage. :Uc ner lb t ettuce, $2.50 per crate; cucumbers 75c $1 per dozen; carrots, $3.50&4.50 per sack; horseradish. 25c per pound; garlic. 30c; tomatoes, $1. 501.75 per box; peas, 7 C& 10c per pound ; beans, S'u Oc per Dound : beets, $3.5w4 per sack; turnips, $3.50 per saca ; eggpiani, per pounu; roastin ears, $3.5(w4 per crate. POTATOES New white, 3U 6 6 Ua Per pounu. OMUAS leuow, i'fo-M, per sack. Staple Groceries. Local lobbing quotations: - SIGA R Sack basis: Cane. rranulat(i 23o per pound. HON Ex New, 1747. SO case. :s uts walnuts, asv: Brazil nuts. 3oc; filberts. J.ic; almond. 35c; pea nuts. mwuc; cocoanuts. $1.73 per dozen, kk e iue nose, j-t-frc per pound. BEANS Small white, 71c; large white oj pink. S",c, lima, per Dound: bayous. 11Hc; Mexican reds, 10'ic per lb. CUFFED Koanert in drums, 30 4j 50c. . Provisions. Local jobbing quotations: HAMS All sizes. 42y46c: skinned. 41 4c; picnics, zoc. cottage roil, aoc. I.ARU Tierce Day is, 24c: shortening. 22 He per pound. DRY SALT Short. Clear backs. 25fi27e per pouna; piates, -le. halu.-x Fancy. 4UO'3sc: standard. 324 oc per pounu. Hides and Pelt. HIDES Salt hides, over 43 pounds, 14c: green niaes, over pounus, 12c; hides, under 4a pounds, 13c; green hides. under 45 pounds, lie; green or salt calf to 13 pounds, 2.1c; green oV salt kip. 13 to 30 pounds, 15c; j&alt bulls, 12c; green bulls. 10c: dry hides, 22c; dry salt hides. 17c; dry calf under 7 pounds, 30c: salt horse, large, ; salt nore, medium. S5 salt horse, small, $4. PELTS lry fine long wool pelts. 13c: dry medium long wool pelts. 12c: dry coarse long wool pelts, 10c; salt long wool pelts. a; san mmos wool peita, oOc&p $ l : salt shearings, 25 630c; salt clippers. Wool, Casrara Etc. MOHAIR Long staple. 23c per pound Tallow no. i, oc per pound; No. 6c Per pound. CASCARA BARK Per pound, gross weights, old peel. 12c; new peel, 10c per pouna. WOOL Valley, medium, 35c per pound valley coarse, quarter oiood. 20c ; coarse, low and braid, loe; coarse matted, 12c. HOPS Nominal. GRAIN BAGS Carlo ts; July. lSe August. i Oil. LINSEED OIL. Raw,. barrels, $1.S3 raw. drums. $1.00; raw, cases, $1.PS; boiled, barrels, ft. S3; boiled, drums, $ 1 .12 ; boiled, cases, x-j.uu. iLKfr..-iiAL ianKS, - $i.uo; cases, $2.11. COAL OIL Iron barrels,' 15ic; tank wagons, -He; cases, nsc. GASOLI NE Iron barrels. 25 He; tank wagons, 23Vsc; cases. 3Sc. FUEL. OIL Hulk, $2.10 per barrel. Sterling Effects- a Rebound and Rates on rance and Italy' Move Up. NEW YORK. July 31. Price move ments on the stock exchange today were narrow and the volume of trading was small, 174,000 shares .The - tone was one of underlying firmness, but the inquiry was light and . trading kept within the usual limits of a mid-summer Saturday. The best evidence of an upward ten dency developed -among railroad issues in which during the late hour there was an exhibition of Quiet strength. Recent move ments of industrials tended to restrict the demand in. this section and in some of these issues there was an easing off in quotations. Dealings In bonds were nominal and without material changes among leading issues. Total sales tpar value) $3,790,000. Old United States bonds unchanged on call for the week. The foreign exchanges were bid up with relative briskness. Sterling effected a re bound of more than a cent from yesterday and rates on France and Italy also moved up. The clearing house statement revealed an actual deficit below legal requirements. as laat week. Actual loans and discounts decreased more than $2O,OlM,00U. There was an increase of $0,580,000 in -demand de posits and the actual deficit was $6,080, 000, as compared with $4,276,000 last week. biowiy reviving business activity was forecast In the weekly trade reviews al though transportation difficulties and the credit situation still are handicaps. An increase in business failures in the cur rent week is noed. CLOSING STOCK. QUOTATIONS. Am Beet Sug. Am Can .... Am Car & Fdy Am 11 & L pid Am Inter Corp A in Loco Am Sm A Ktg Am L'ugar . . A iu lei & TeL Am Woolen . ." Auaconda Cop Atchison A G & W I 3 3 Baldwin Loco. Bait & Ohio. . Beth Steel B .. Canadian Pac. Cent Leather.. Chan Motors'. Ches & Ohio .. Chi M Ac St P Chi & N W Chi K I & Pac Corn Products Crucible Steel. Cuba Cane Sug Erie Gen Motors . .. Ot No pfd Gt No Ore ctfs Illinois Central lnspir Copper. Inter Nickel. . Inter Paper . . K. C Southern. Kennecott Cop Mexican Petrol Mid States oil Midvale Steel. Missouri Pac. N Y Central . . N Y N H & H Norf & West.. Northern Pac . Ok Prd & H la-Pan-Am Petrol Pennsylvania. . Fltts & W Va. Ray Con Cop Reading Rep Ir 4i Steel Royal Dutch . . Shell Tr & Tr. Sin Oil & Rfg. Southern Pac. S O of -V J pfd Studebaker Co Texas Co . . .. Transcont Oil. U S Fd Prods. U S Ind Alco. U S Retl Strs. . U S Rubber . ., U S Steel . Westing Elect Willys-Overlnd BONDS. U S Lib 8s. ...910S: Anglo-Fr 5s ... 9lJ tlO iMt 4S ....BJ.W-A 1 C M. OB. do 2d 4s . . . .4.50 Atch gen 4s... 74H do 1st 448.. .fi.".82iD & R G con 4s.02'A do 2d 4 .. -84.0 N Y C deb 6s. 8"6 do 3d 4is 89.641 M P 4s 73 do 4th 4 Vis. ..feA.OOi N P 3s 53 Victory 3J4s ...05. 72! Pac T &. T os. . 80 II si! ree. . . lOOfeiS P CV OS. do coupon .."iuuA o ny os i U S 4s reg 105 U P 4s 80 do coupon ..i"J u oieei os.... pi Pan 3s reg -si - do coupon . ..'ai i -pm. Money, Exchanger Etc. NEW YORK. July 31. Mercantile paper unchanged. Exchange firmer. Sterling, demand. $3.72 : cables, $3.734 : francs, demand, 7.0S: cables, 7.7U: Belgian frar-cs. demand, 8. 1J; cables, 8.1 8; guilders, de mand, 34.10; cables, 34.20; lire, -demand, 5.36; cables. 5.38; marks, demand, 2.35; cables, 2.37; drachmas, 8.06. New York exchange on Montreal. 10 per cent dis count. Bar silver, domestic, unchanged; foreign 93c. Mexican dollars. 71c GRAIN DROP IS SHARP WHEAT IiKADS PKOCESSIOX IX LIQUIDATION. rrices Lowest Since Government - Control Went Into Effect. Selling General.' LONDON. July 31. Bar silver. 50 d per ounce. Money unchanged. Discount rates, short biilf. unchanged. Three-months' bills, 611-166 per cent. Third Liberty Bonds J amp. SAN FRANCISCO, Cal.. July 31. Third liberty loan 4s Jumped this week to-an approximate yield of S.01 per cent accord ing to a table issued by the federal re serve bank based on "market quotations at the close of today's business. The mar ket priees and. yields of the government war Issues as shown by the table were as follows: First liberty loan 3Hs. market price 00, yield 4.S5 per cent; first 4s. 83. 5.01 per cent; first 4is, S54. 5.29 per cent; second 4s, 844, 3.18 per cent; second 4s. S4, 5.45 per cent; third 4 s. SS, 8.01 per cent; fourth 4s, 84. 5.50 per cent; Victory 4fcs, 93. 6.30 per cent; victory 3s. 6. 37 per cent. Allouez Ariz Com Calu & Ariz. . . Culu & Hecia. Centennial . . . Cop Range . . . Uasl uuite . . I rank) in Kle Koyaile . . ko (Jouper . Mohawk North Butte . Last I Sales. High. Low. Sake, j OUO 84 84 , 34 O0 3Ti 374 37 I 500 133 132 - 132 ! 4to 78 77 Vs 7a 300 7S!,4 77 77 , 1,100 01 24 03Vi 200 5014 ' Odl 06 Va uo lly no no 500 05 03 03 1.7UV Mti IM U l.UlO 53 53 53'- 400 70 . 70 200 151 150 151 8,400 ' 111 1104 1 1014 2.SOO 33 32 1a 33 2,700 84 82 82 imo 121 120 121 400 54 53 53 000 80 88 85 Sa 1,200 50 55 56 lOO 34 33 34 300 00 6'J 60 3.00O 35 34 35 2.3O0 0U au 00 2.30O 140 147 147 100 45 45 45 UK) 12 12 ' 12 3.3U0 22 22 22 2.200 70 00 70 lOO 34 34 34 lOO 82 82 82' 500 40 40 40 TOO , . 17 17 1" 1.100 80 78 80 UO0 18 'A 17 18 ' 2O0 24 24 . 24 -.2.8UO 181 170 ISO 5, 1 00 20 20 20 TOO 30 30 30 1,500 26 25 25 5O0 08 68 6S 1,000 2'J 20 20 jOO SS SS 88 1.000 71 71 71 J0 4 4 4 1.20O 90 95 05 2,300 30 30 30 1,000 27 27 27 100 15 15 35 ' 6.600 80 80 80 l.oOO 85 85 85 400 73 73 73 2, JOU 60 60 66 300 2 27 27 5 20O 02 01 01 1!, 800 1 05 1 05 105 400 00 65 65 100 44 43 44 30O 13 13 13 200 61 01 61 SOO 84 S3 83 3.000 08 68 68 ,000 87 87 87 1M 88 87 88 300 47 47 47 1.100 17 17 17 Swift Co. Stocks. Closing prices of Swift & Co. stocks t Chicago were reported by Overbeck A Cooke company of Portland as follows: Swift & Co 10T National Leather It Libby. McNeil & Libby 12 Swift International : 31 Bank Reserve Below Requirements. NEW YORK, July 81. The actual con dition of clearing house banks and trust companies for the week shows that the reserve held is $6,086,520 below legal re quirements. This is a decrease of $1,810. 000 from last week. HOGS STJLL VP AT 8TOCEXARD8 Sheen and Hogs Advanced During Week- Cattle Remained Firm, Hogs continued up at North Portland yesterday with $18 the high figure for choice shipments. There was but a light volume of trade.-' Receipts were 562 hogs and 4 sheep, total of eight carloads. Receipts for the week were 2637 cattle, 266 calves. 2971 hogs and 6851 sheep, total of 154 tars. The week has seen a steady advance In quotations for hogs at the yards and prices are 23 to 50 cents higher than they were last Monday. Cattle remained firm during the week, while sheep registered a slight advance. Sales were: Wt. PriceJ Wt. Price. 5 hogs.... 120 $!0.00:i5 hogs. .. . 107 $18.00 lhog.... 200 10.0011 hogs. .. . 160 18.00 Official quotation at the Portland Union stockyards were as follows: CATTLE. Choice grass steers ....... Good to choice Medium and good steers Fair to good steers Common to fair steers Choice cows and heifers Good to choice cows, heifers Medium to good cows, heifers Fair to mtBium cows, heifers Canners Bulls Choice dairy calves Prime light calves Medium light calves Heavy calves Rest feeders . . Fair to good . HOGS. Prime mixed Medium mixed .......... Smooth heavy Rough heavy Pigs SHEEP. East of mountain lambs.. Valley lambs Cull lambs , Ewes Yearlings Wethers -i $10.5011.00 10.00 10.50 9.04I& 10.00 8.25 9.00 7.0O if 8.25 8 0& 8.50 7.00 8 00 6 00 4 7. Of) 5.00 ft 6.00 3.00 4.75 5.50 6.50 13.00 & 15.00 ll.50ffr13.00 9.00& 1 1.00 7.O0l 0.00 7.50 0 8.00 6.00 7.50 17.SS017.73 3 6.75 17.25 14.O0jx 15.75 12.00 fat 14.00 12.50 16.00 11.00011.50 lV.OOf&ll.OO 6.00 8.00 2.256 6.00 6.O0& 7.00 6.00 6.50 Mining Stocks at Boston. BOSTON. July 31. Closing quotations: 24 (Old Dom 9IOscecla , 56 Quincy ,3o' Superior , 10 Snp A Boston.. 37 (Shannon , 11 Utah Con . 75 (Winona . 20 Wolveiine 3 Granby Con ... , M) i Greene Can . . . . 15 FEDERAL BANK STATEMENT ULT Chicago Livestock Market. CHICAGO. July 31. Cattle Receipts 1500, compared with a week ago; choice corn -fed steers mostly 3. to oOc higher grasers averaging 75 to $1 lower; best he stock slow, 50c lower; canners 25 to 50c lower: handywelght butcher bulls 25c low er; others declined 30 to 75c; calves strong. 25c higher; stockers draggy, 50 to t oc lower. v Hogs Receipts 4500; light and light butchers steady at yesterday s best time others slow at yesterday's close; light and 94 I butchers, $1516: top. $16.13; packing sows, 13.4U l-i ; pigs nrm. . Sheep Receipts 3000. mostly direct compared with week ago, fat lambs 75 lower; fat ewes 25 to- 30c higher; feeder lambs generally si lower. Omaha Livestock Market. OMAHA, July 31. Hogs Receipts 7000, fully steady to shippers; butk $14.25 15.25: steady to 15c lower to Deckers: bulk Sld.UUtftJ n.-iu; top ti. (J. Cattle Receipts 200, compared with week ago; good choice to fed yearlings steady; others and strong weight beeves 25 0 50c lower: grass steers and butchc stork mostly 25c&$1 lower; veals 50c frill higher; best heavy feeders steady; others .-clrr il lower. Sheep Reocipts 250. compared with week ago. Lambs 73c lower; sheep and issuers aoout staay. 24 37 48 4 32 1 G 45 14' 34 27 Resources an ind Liabilities of Reserve In stitutions Shown. WASHINGTON, July 31. Combined re sources and liabilities of the 12 federal reserve banks at th close of business. July -HO, were announced today as follows: Resources- Gold and gold certificates....! 174,179.000 Gold settlement tuna F. R. board 3U,3y.oiu Gold with foreign agencies... lll.53l.00y Total gold held by banks 675.009,000 Gold with federal reserve a cents l.los. i I2,noo Gold redemption fund 148.803.000 Total gold reserves $1,977,704,000 Legal tender notes, silver, ctc.$ 150.93G.000 Total reserves $2,128,640,000 Bills discounted, secured by rovernment war obligations. 1. 241. 0i i.oon RllJn discounted, all other... 1,250.013,000 Bills bought in open market U. S. government bonds...... U. S. victory notes U. r. certliicates oi inaeuiea- ness Total earning assets Hank premises Uncollected Hems and other deductions from gross de- Doalts Five per cent redemption fund against r- rt. oanK notes.. All other resources Total resources Liabilities Capital paid in . Surplus uovemmeni aeposiis Due to members reserve ac count Deferred availability Items. . Other deposits. Including for eign government creoits. 345.3O5.000 2, S3 0.033. 001 26,791.000 00.000 2OS.320.OO0 711,074.000 12.684.000 3.707.000 .96,032,760,000 i 93.225.000 146.745.000 12.167.0U0 1.5O8.130.000 536,600,000 51.290,000 Total gross deposits ..$2,408,309,000 Federal Reserve notes In ac tual circulation -. . . .$3,120.13$, 000 Federal reserve bank notes In circulation, net liability.... 192.16S.000 All other liabilities C2.1S4.000 Total liabilities $6,032,769,000 Ratio of tntal reserves to net deposit and federal reserve note liabilities combined, 44.6 per cent- Ratio of gold reserves p federal reserve notes In actual circulation after setting aside 33 per cent against net liabilities, 42.9 per cent. STOCK. MARKET TRENDS DOWNWARD Declines Accompanied by Noticeable In crease of Offerings. NKW YORK, July 31. The trend of the stock maraet this week was decidedly downward. A number of prominent issues In the industrial division recorded min imum quotations of the year, while United States Steel fell to Its lowest price in almost two years. Declines were accompanied by a notice able increase of offerings- Credit conditions were again the chief drawback, the money market remaining very stringent, except for call loans. The reaction in securities coincided with similar movements In various commodities and an extension of the reversal in many lines of manufacture, especially textiles. leather. ruDoers ana Kinarea staples. A I most the only -cneerrui development was furnished by the more enormous and mors encouraging crop outlook. Unsettled, conditions abroad were again Kansas City Livestock Market. KANSAS 'CITY, Mo.. July 31. Cattl Receipts, 230O: for week, better grade beef steers, steady to 23c lower: others. 33 75c lower; she stock, bulls, stockers ana teeaers, -n ni otic lower: canners, lower; calves, mottly $1&1.50 higher. Sheep Receipts, nil; for week, lambs, mostly ioc ft si.L'o lower; fat sheep an breeding ewes, steady to 50c lower; feedin iambs, steady to &Oc higher. Seattle Livestock Market. FEATTLE. Wash., July 31. Hogs Re ceipts, none; unchanged ; prime. $17.50 18.2u; medium to choice, $16,50117.5 rough heavies, $14 (& 15.00; pigs, $13.50 15. Cattle Receipts. 2S; steady; prime, tl 11.50; medium to choice, $9.5010.50 common to goon, STti-v.tu; best cows heifers. x vyv; medium to choice, x &S54); common to good. $5.5006.50; bulta, SAN FRANCISCO PRODCCE MARKET Prices Current on Vegetables, Fresh Fruit i Etc., at Boy City. SAN FRANCISCO, July 31. Dairy pco duce. exchange suspended Saturday ses Hens. 33036c. Italian beans, nominal; bell peppers. 40 cnuc, iwip wc; peas, 4ff7c. n.cvcii3 jwur, oi'o qarters; barley, 1423 centals: oats, 1432 centals; beans. 23 sacks; potatoes. 1644 sacks; onions. 303 sactts; nay. mo tons; nides, 710 rolls oranges, j muu poxes. Raspberries. 5c0$1.1O; Turlock canta loupes, stanaarus. f j.i,i4; ponies, $2.' M; riats, fi.oitl.j; grapefruit. $3 4.25; peaches, small boxes. $1.4001.65 cherries, nominal; plums, all varieties, ii.-'oa3Ji.iu; tigs, double layers. $"' 5 2.75. Wheat-$3.e0'&-3.73; barley, $2.1502.2; Naval Stores. SAVANNAH, Ga., July 31. Turpentine, firm, $1.52; sales, 82; receipts 837; ship ments. 3; stock, 13,931. Rosin, firm; sales, 2612; receipts, 1640; shipments, 13T; stock, S9.766. Quote: B. $11.50: D, E. F, G, H. 1. K. M, N, WG, WW. $13.4550. - New York Produce Markets. NEW YORK. July 31. Butter Weaker; creamery, higher than extras, 35 036c; creamery, extras, 55c; creamery, firsts, un changed. Eggs Irregular, unchanged. Cheese Steady, unchanged. Chicago Produce Markets. CHICAGO. July 31. Butter- Unchanged. Eggs Unchanged. Receipts, 0802 cases. Dried Fruits at New York. NEW YORK, July 31. Evaporated ap ples, dull; prunes, quiet; peaches, steady. New York Cotton Exchange. NEW YORK, July 31. Spot cotton quiet; Middling. $40.00. CHICAGO, July 3L Liquidation In all grains was on toaay and prices dropped harply. Wheat led the procession, show ing net Iocs of 10frI3c. with December Ufa 2.12 and March $2.12 2.13. Corn s down 2 0 6 c with September 1.34 01.34, and December $1.20 0 0. Oats suffered a slump from to cents, while provisions also were lower. Cutting of prices occupied most of the time of the traders in the wheat pit. here wai lack of support while the sell ing was general. Prices were the lowest e the government control went into ffect Farmers wc-e reported to be mer iting their grain as fast as they cn. hi!e exporters were said to be watching for prices to become inure stable. Corr, suffered material recessions In sym pathy -with wheat. The heavy1 liquidation in July, the break in wheat and the un satisfactory financial situation contributed to inspire shorts to continue their efforts toward lowering values, , Oats ruled weak with other grains. -Provisions were undr oresure from Irca? bears and prices registered dec lints rom io to oi cents. The Chicago market letter received yes terday by Overbeck & Cooke company of Portland said of the Chicago market : v heat Today s market was an ti.tcr upiicate of yesterday's, declining 12 cents ud closing at the bottom. The buik r-f he presure was credited to being nature hedging of cash grain purchases n he southwest, notwithstanding that futur- prices are below a hedging basis. Bids, to rnve. were reduced 1 cents aim toe country sold liberally at that. Spot sates nowed ioses of cnts a bush! here. hlle In the southwest the markets were to 15 cents lower and In Minneapolis ff 15 to 25 cents. To further aaeravate he situation, foreigners were out of the market after taking fair Sized quantities estrday. The market at t!ie r.,oineit is ntlrely minus a strong sustaining influ ence. Corn Beneficial rains in Indiana, Pil ots. Missouri and parts ol' Iowa and Nebraska took away the only bullish ar gument that the market has had for the past few days. Support was confined mainly to profit taking by shorts and the resistance to liquidating pressure was Insufficient. A'l cash markets were even weaker than the futures: spot values in Chicago were 4 to 5 cents lower while In St. Louis it was hard to . dtspo ot small receipts at 8 cents under yesterday. The July delivery hare went out at tfce lowest figure registered since it advanced $1.83 . The country was raid to be asking for bids to arrive, emphasising that he producer Is not in holding mood. There s no reaion why he should be with a l.OOO.Oon OoOO-bushe! crop in sight, a lib eral surplus left from ist year and the Ivestock population decreasing, vv nue we do not favor commit men ts on the long ide under present conditions, we consider he market entitled to a rally from around this point and would, therefore, wait a substantial bulga before taking an ag gressive position on the short side. tat9 The drerreo montns item com paratively steady while the July died vio lently at the lowest iigures since iai February and 60 cents below th high price established for cash oats last month. Advices from tne southwest were sug gestive of an easier car situation and the country apparently willing to take ad vantage of all available equipment by of- fering freely. oats were naaiy in neeo of a stimulant to give other than tem porary fine unimportant rallies. Kye liquidating pressure continued in line with the break in wheat and under the Influence of a week cash market, we see nothing to encourage purchases even at this decline. Provisions were under pressure most, oi the day with light support; 34.000 hogs indicated for Monday and 4W0 carried over unrold todtty. Hog products are still in a weak position from a supply ana demand viewpoint and will require better buying if prices are to be maintained. Note: Since wheat review was written St. Louis reports their cash market on wheat 16 to 10 cents lower. Kansas Clt as much as 2S cents lower for dark hard wheat. Leading futures ranged as follows: .Onen. H igh. Low.- C!ose. Sareant. 2. 417 8pa?dlng building, and Vetma Lorene Butler, 2.V Portland hotel. SAV ELY-HAMILTON Hugh P. Savely. 23. 251 East Seventy-second street North, and Nina S. Hamilton, 18, 251 East Seven tv-second street North. GRAVELLE-JOHNSOX Frank J. Gra velly 22. 2S50 East Fifty-eighth street Southeast, and Blanche Johnson. 22. Klick itat hottel. ROKLFIN'G-McAREE Ernest Rohlfing. 47. 11S3 East Oak street, and E. Bessie McAree. 26. J107 East Oak street. v A DAMS-RANDOLPH William Everett Adams, legal. Hotel Phillips, and Harriet Randolph, legal, general delivery. MADSEN-WEBEK Hans Madsen. 2S. 184 East Madison street, and Elizabeth W e be r. 22. 4 J S a v ie r s t ree t . RUFF-NORWOOD Max Ruff. legal. Rose burg. Or., and Gertrude Maxlne Nor wood, legal. 248 Yamhill street. Vancouver Marriage Licenses. DEAR1NG-BOONE Willis H. Dearlng. legal, of Portland, and Mrs. Nellie Boone, legal, of Portland. CARELESS-DAY Harry L. Careless. 24. of Portland, and Marie K. Day. 19, of Port land TOEN JESS-PETITE Lawrence B. Toen jess. 30. of Vancouver, and Helen B. Petite. 25. of Heluson. Wash. Y ELTON-COLT Leslie E. Yelton. 22. of Portland, and Orla J. Colt. 19. of Portland. GAM BLE-GREEN Frank B. Gamble. 31, of Portland, and Mary K. Green, 18, of Portland. BRODIGAN-DILL James J. Brodigan. 20, of Portland, and Leone M. Dill, 20. of Oregon City, Or. K RUSE-SMITH Orvllle Kruse. 30, of Portland, and Bessie Smith. 25. ot Portland. McCrXE-VANDBRLUGT D. B. Me- Cune, 53. of Portland, and Carrie Vander- lugt. 4.. ot Portland. BOWEN-CRUSOR James E. Bowen. 28. of Portland, and Jaealma M. Crusor, IS. of Portland. ; W AG NON-DEAN E Dan H. Wagnon, legal, of Portland, and Kate Deane, legal, of Warrenton, Or. JOHNSON-BELL Frank L. Johnson. legal, of Puyallup, Wash., and Belle Bell, legal, of Siletz. Or. ROOD- RES E Cory H. Rood, legal, of Portland, and Mildred Rese. legal, of Portland. CHURCHILL - HUNTER Norman and Ruth ChurchlU. 23, of Seattle Wash., Hunter. 22 of Seattle. Wash. SMALL-CHAMBERLAIN George T. Small. 30, of Portland, and Myrtle Cham berlain. 10. of Portland. JHcCKEA R Y-WOODS M. P. McCreary. 41, of Portland, and Susie Woods, 32, ot Portland. SPEIGHT-RYDER James W. Speight. 23. of Portland, and Marjorie Ryder, IS, of Portland. N E W E L L - HVFFSCHMIDT Virgil Newell, 21, of Portland, and Alice Hulf schmldt, 18. of Portland. JONE-S-GREEAR Edward C. Jones. 29, of Portland, and Alice Greear, 31, of Hills bori. Or. JEFFS-HORTON Albert V, Jeffs. 34. of Seattle, and Gladys Horton, 28, of Olympia, Wash. WILLIS-ALGIRE Walter A. Willis. -22. of Portland, and Will E. Alglre, 21. of Portland. Rl EG ER-SPATH Otto RIeger. 28. of. Portland and Elsa Spath, 19. of Portland.- COLE-LOOMIS George T. Cole, legal, of Seattle, and Maria Loom Is, legal, of Gilmanton, Wis. Dec. . . aI a.rc h . ept. . Dec. . Sept. . Dec . . WHEAT.. 12.19 JS2.20 $2.11 $2 11 2 21 2.2-1 2.12 2.12 CORN. 1.30 1.W7 1.33 1.34 1.22 1.22 1.10 1.20 t OA TS. .s .n .7 .GS .0S .0S .07 .67 July. Sept. Sept. Oct. . Sept Oct white, "476c; yellow, No. 3 white, MESS PORK. 25.50 23.30 " 25.13 25.17 20.50 20.50 2G.O0 20.17. LA RD. I!.r.O 18.00 18.33 IS. 40 1S.S2 1.$2 18.75 18.7-5 SHORT RIBS.. 1 fl.OO 1 0.00 1 5. SO 1 3.90 10.30 16.30 16.20 16.25 i:nsh orices were; Wheat No. 2 red. $2.30&2.32. Corn No. 2 mixed, $1.40; No. UHti ro, 7 1 ti 5c. Rye No. 2. $t.S9. Barley 00 95c. Timothy seed S3. 50 ft 11. Clover sted $27.30& 32.50. Po rk N omltal. Lard $18 05. Ribs $15.25 Z 10.23. Seattle Feed and Grain. SEATTLE. Wash., July 31. City deliv ery : Scratch feed. $88; feed wheat, $'.14 ; all grain chop, 1 4S; oats. $78; sprouting oats, $81 : rolled oats, $S0; whole corn $81; cracked corn, $3: rolled barley, 91 4. Hay Eastern Washington timothy. mixed, nominal double compressed, $43 44; new alfalfa. $34; straw, $22. Seattle Grain Market. SEATTLE, July 8L Wheat, hard win ter, soft white, white club, northern spring, hard inter and red winter. $2.15; red Walla Walla. $2.10. 1 Minneapolis Grain Market. MINNEAPOLIS. July 31. Barley. S5c 11.03. Flax, No. 1, 3.17 3.19. Duluth Linseed Market. DULUTH. July 31. Linseed, $3.203.30; arrive, $3.23- 6 DRE60H COUNTIES BAIN INCREASE OF COOS BIGGEST A.l POLK SMALLEST. Clarke, in Washington, la 32,822, a Jump or 2 5.6 Per Ccnl Cen sus of Castle Hock Les. ORKGONIAN NEWS. BUREAU. Washington, July 31. Populatl6n figures given out by the census bureau today Included six Oregon counties as follows: Washington county. 26.376; increase of i&bl or 22.6 per cent over 1910. Polk county. 14,181; increase of 712 or 5.3 per cent over 1910. Marion county, 4. 117; increase of 7337 or 18.4 per cent over 1910. Coos county. 22.2m; increase of 4128 or 23.9 per cent. Jefferson county, 3211. Yamhill county, 20,629; Increase of 2244 or 12.3 per cent. The census of Clarke county, Wash ington, is 32,822, which is a gain of GS90, or 23.6 per cent over 1910. Several incorporated cities and towns in Washington, together with comparison of 1910 figures were an nounced as follows: 11120 . . saa . . 1 - VS . .2-JL'.S . . .-.L't . .1274 . . 01 '.I announced imo r.S4 12o:s Tastle Rock Kaluma t . . Kelso . .................... Woodland Goldemiale While Salmon Other census figures were as follows: King county, Washington, including Seattle. 389,240, increase 104,603 or 36.7 per cent. Worcester county, Massachusetts, including Worcester, 455,136. increase 55.478 or 13.9 per cent. Montgomery county. Ohio. Includ ing Dayton, 209,632, increase 43 'ij cr 27.9 per cent. Albutiuerque. N. M.. 13,157, increase 4137 or 37.5 per cent. - lshpeming. Mich.. 10,500, decrease 1947 or 15.6 per cent. Iiurango, Colo., 4116; decrease 570, or 12.2 per cent. XcRro Weds Squaw. VANCOUVER. Wash.. July 31. (Special.) Frank Lee Johnson, negro, 36. and Belle Bell, Indian squaw. 29, of the Siletz Indian reservation, were married here today by Kider A. D. ?1:aags, retired elder of the Christian church. Mr. Johnson is from Puyallup. Wash., and the couple will make their home there. r Carpenters' Strike Ends. ST. LOUI6, July 31. Approximately 500. union oarpentera who have toeen on strike -here for a month, returned to work today. The building con tractors' association - agreed to their wage demands of $1.25 an hour. Head The Oregonian claibified ads. DAILY CITY STATISTICS Marrlaa-e Licences. ELLSWORTH-MlCART Harry G. Ells worth. 28, Merced. Cttl., and Cecelia -B. Mu Cart, 21. 50U Jet ferson Bireet. StjHW A RilENBACK-DOH ERTY J o hn Sen warsenback, legal, Columbia boulevard and Richmond 'strett. and Ursee Alice Du herty, lepiil. 27S Willis boulevard. WILSON-JOHNSTON Oeorge A. Wilson, 22. 113 tiimpson street, and Helen M. John stun, lit. lia Hlnipson street. UOFP-MAXWELL Earnest E. Ooff. 20. 4lua Sixty-fifth street Southeast, and Ldith, Maxneil, 20, 70 Kant Ninth strset. KL'UOLFH-RYAN Aran 41. Rudolph. 24. 50S Last Couch street, and Jeannette U. Ryan, iecal, ;'.0 Eatt Kleventh street North. FKRGL" SON-MOORE A. A. rguson, r.0. 052 Cleveland avenue, and Lillian A. Moore legal. 052 Cleveland avenue. SHEPHAR D- WARD Frank R. Shep hard. 20, 5S20 One-hundredth street South east, and Uertrude L. w ara, iu. uienn Court apartments. HELL-WATSON" Walter P. Bell. 21, Troutdale, Or., and Eva M. Watsou, 10, Portland, Or., route A. KING-PRICE Albert P. Kin. 34. 204 Clay street, and Ida Pearl Price, legal, 2i4 Clav street. KVANHOFF-H ERVET Samuel Evan holf. l-i. 220 North Seventeenth street, and A. 'Florence Hervey. legal, 220 Nortel Seventeenth street. CLINE-MARZ John William Cllne. la pal, Hanover apartments, and Minnie Mars, legal, American apartments, NORELUN1-JOHNSON Isaac Nord lund le;ral. Warren. Or., and Mary John son leftal. 204 Westinpton street. BOOS INGE K-TRA N TM A N Charles Henry Boosinger. legal. Sit East Sixty ninth street, and Winltred I. Trantman, is eal 1SS4 Eartt tilisan street. STOLZ-M ITCH ELL George E. Stolz, 51. Stockton. Cal.. and Clara Mitchell. 45, t hotel HEWITT-HEURIZ1 William Hewitt, legal, Clayponl apartments, and Anna May lleurizt, legal, fc-ieventn ana ;iey streets. COHEN-TUSKINSKY Harry Cohen. 3:1. Palem. Or., and Mollle TL Tuskinsky. 21, 542 Fourth street. G1LLARD-FRIES John OUlard, legal. 015 East Thirty-ninth street, and Lyula Fries, legal, 1101 Hoigate street. DONALDSON-ALLISON Thomas Lloyd Donaldson. 18. McMlnnville. Or., and Mar garet Leotha Allison, 18. Ivan and Thirty ninth street. HY LAND-DICKINSON Virgil Le Roy Hyland. 24. 112 East Serenty-ninth street North, and Gretehen Dickinson, 23. 2016 East Glisan street. LUND BERG-DICKINSON Carl Walter Lundherg. 2. lone. Wash., and Ruth W. Dicktnon. 27. 2M1 6 East G titan street. aAKUKANT-BUTLKK Howard Clinton DAILY 3IKTK0R0I,0.1CAL REPORT. POIiTLA ND. Or.. July Si. Maximum temperature. 7S degrees : minimum tem perature, 50 degrees. River -reading ( A. M.. 11.4 feet; change in last 24 hours. 0.4-foot fall. Total rainfall (5 P. .M. to 5 P. M., none; total rainfall since Sep tember 1, 101ft, H5.51 Inches; normal rain fall since September 1, 44.48 inches; defi ciency of rainfall since September 1, 1010, S.07 inches. Sunrise. 4 :52 A. M. : sunset. i :4n I. M. total sunshine. 10 hours 25 minuieS; postal nte sunanme, 1 4 hours 51 minutes. Moonrisa, 7:44 P. M.; moonset. 5:5t A. M. Barometer (reduced sea level l, 5 P. M.. ;10.07 inches. Relative Jiumldltv: 5 A. M., xi per cent; noon. 01 per vent; 5 P. M.. per cent. THE WEATHER. i 13 Wind 3 I r 2 0 - c 2 o 3 3 s a 2. stations. : f I weathet 5 a 5 . 3 ; ; 5 c - : : 5 : : : Baker Boise Boston Calgary , .. , Chicago Denver Dei Moines. . Eureka Gaiveston .. .1 Helena : t Juneau Kansas City. Los Angeles. MarshTield . Sledford M inneapoils. . New Orleans New York . . North Head. Phoenix . . .. Pooatello' .. . Portland , . , Rnseburg . . . Sacramento . St. Louis ,'. -Salt Lake . . Sad Diego . . S. Francisco. Seattle tSttka Spokane Tacoma Tatoosh lsld. tValdez Walla Walla Washington Win ni Dec . Yakima ! M-u.on 5S 040.0I10W 6a I SS 0.00 10 SW . .1 ,s 0.O0'. . 1 E Ml T4,O.UO 12 NE K-Jj S4 U.OO'12 SB NO.o.oo . . UN- Clear Clear Cloudy Cler (Clear iPt. cloudy Clear fl" Yielding: j $1,000,000 Your Security $60,000 General Obligation Tax Exempt WATER BONDS Soda Springs, Idaho Dated July 15, 1919. Denomination S1000. Due Serially 1932-39 Price 100; Yield 6. Principal and semi-annual interest payable in New YorH or at Morris Brothers, Inc. A property valuation of approximately $1,000,000 backs this issue. These bonds supply funds for increased water and electric power plants to meet growing needs. . Telephone or telegraph orders at our expense. MORRIS BROTHERS, Inc. Rrlnrra The Prrmlrr Municipal Bond House Telephone r,th nnl Bill UstnliliHhert Junrtrr of lentnry Broadway Street. Jlorrix Hldir- :H0-1 1 Stark St. Xlol. Capital. l,OUO.OOO HERRINT5 RboDEStino. . ESTABLISHED 1896. STOCKS and BONDS. Hallway Exchange Did sc. Main 2 S3. Trivate wires to all markets. Gentlemen: I am Interested in the purchase of the following stocks; kindly let me know what they will cost: No. of shares Name of stock ' No. of shares ...Name of stock 1 would like to sell the following stocks; kindly let me know what 1 can get for them: No. of shares. . ..Name of stock. No. of shares Name of stock There will be no charges for this information. Name Street City and State Cut this out and mail It to us. .Mil nr. u.iio'. . IN w Clear 7iv sj 0.1.. :sw rioudy !-' o.oo;. SE IPt. cloudy . .:-.- ... .t. .i. 741 KD'0.12'10 SW IRaln s ft'.Mi..'SW Otear .-n 12 0.no:i2,xw'f lear .111 0 n.lHi;. .iNWICIear - 72 O.OO UiX Ciear Trtl s.o.is .. s cloudy 01 Kft li. no 40 NV:C:oudy . This announcement will afford an unusual opportunity for the purchase of short time investments 6 to 8 months by any one re quiring the highest character of security and absolute assurance of payment at maturity, combined with an attractive interest rate. The underlying security is a first mortgage loan on carefully se lected. Improved, income bearing Western Oregon farm land worth 3 to 5 times amount of loan, and approved in advance of require ment as a permanent investment for trust funds by one of the largest and most successful Eastern Life Insurance Companies. The form of investment is an assignment of this security with the direct obligation of this life Insurance Company, backed by its nearly $150,000,000 of assets, to purchase the loan on or before a specific date usually6 to S months hence with accrued interest. These obligations have been approved by the Comptroller of the Cur rency as in investment for National Banks. 1 offer for sale a limited amount of these Certificates In amounts from J10UO to $20,000 each, maturing in December. 1920. and January and Feb ruary. 1921. A personal interview is invited from the ultra-conservative investor. or any one having funds to invest where abso lute certainty of payment at maturity is required. J. F. KAl'FMAX, Flaaarlal Correspondent. Suite 111(4 .. Y. Hank Buildina;. SISTER HELD FDR fifiDER le-VEAU-OI.D WIFE IS JAILED WHEN CHILD DIES. liirl Spouse, Dcrtel. rrotcMs In nocence or Riling J 1-Tcar-Old Relative. LOUISVILLU. Ky., July 31. (Spe cial.) Charged with the murder or her 11-year-old sister. Mrs. Lara Pil- kerton. 16-year-old wife in a deli cate condition who has been deserted by her husband, is insisting between hysterical sobs that the shooting was accidental. AnnaThelma Kessirtger. the younger sister, was found shot to death at 1 1 o'clock this morning at trtir Home on a farm near Louisville. 1 he cniiu a sister, Mrs. Pilkerton. said that Anna Thelma had shot herself while toying with a pistol. When Coroner Carter found the bullet entered the right chnM.r nnd crossed the body in such a manner as to have made it 1m- I possible for the girl to have snot ner self, the older sister was taken into custody. On the way to Louisville she con fessed that she had lied, and that she had killed her sister accidentally while trying to take the pistol away from her. Over and over again she professed her motherly love for little Anna Thelma. ' The child -wife, only a wisp of a girl, was married when but 13 years old. She was taken to the detention home. The police believe that sho shot her sister in a fit of anger. Finland has 8720 miles of telegraph and 2891 miles of telephone lines and one radio station with a 600-mile radius. 7s 104 0.14!. .!sw . . 1 0.01'22iSW .v! 7s o.on:. .i'iv .vi s-j ii.no' .IN KO;10l o.on.. .jsw 74 1 84.II.2R!. .ISW 72! 04 0.OOI1S E (Ml Ttll.l;..lSW .".2j 72 I1.II0M2 SW '.-01 Ss nOO ! lisiv 6n 74 o.nol. .IN :.! K2 0.:iot..!w 4 o o.o;. .isw 4I 8" O.oo:. .W. 6! 02 O.OO . . NE 4ll 7'J'0.0ll!. .Is .Vii feS O.DO, . .IN Cloudy nam Clear Clear Clear Pt. cloudy Cloudy l't. cloudy Clear Clear Clear Clear Clear Cloudy Clear (. loudy Clear 1. lear tA. M. trig ?ny. today. mP. M. report of preced- FOBKCAST3. Portland and vicinity Fair; northwest erly wind. Oregon and Washington Fair; moderate north westerly winds. Idaho Fair, except thunder storms io tu mountains. Denomination, $500. Semi annual interest. Mature serial ly 1921 to 1928. Six per cent bonds of a fine city of over 11. 000 population (1920 census) at prices ranging from 99.72 for 1921 down to 97.04 for 1028 bonds. Assessed valuation of the city over $13,000,000. As sessed valuation of property abutting the Improvement near ly sixteen times the amount of the bonds issued. Aak for details. Call or phone. There Is a 600 profit possibility in buying German Bonds today. We of fer : City of Berlin 4 City of Munich.... 5 City of Leipzig 5 State of Bavaria. 4 Benz & Co 5 General Electric. . .-iVzo Write for descriptive cir cular and price list. Transatlantic Estates & Credit Co., Inc. 222 Chamber of Com. BId'g. 1 Sacmo rooil' Main 6-44 3 j HOBTHVrtSTZRH BANK B4-DG. jj OVERBECK & COOKE CO. Brokers, Storks. Annas, Cottaa, Grain, tc CK-Z17 BOAUU or 1HAUE BLDC UUSKK4 CHICAOO UO.UU Of MEMBERS Correspondents of laraa at Bryaa, Cnlcaso and e York. New Tsrk Stock iMham Chirac otoek Birbangn, Bostoa Stock EiehsDga Chicago ltoard of Traua. iiaw aark. Cotton Excbaoca. New Orleans Cottoa Excbaoca. New Vork Coffe aCxcbanffa. New York Froduco Exebaaca. Liverpool (Jottoa Aasoclatlsa.